The European Central Bank published a statement on François Villeroy de Galhau’s decision to step down as Governor of the Banque de France after 11 years, paying tribute to his service and to the contributions he brought to the ECB’s Governing Council. It highlighted his pragmatic approach and pro-European vision in Governing Council deliberations and noted that he will take up the Presidency of the Fondation des Apprentis d’Auteuil, working on educational, social and professional training programmes for vulnerable young people and families.