Christine Lagarde to Step Down as ECB President in February 2027
Qiyas summary
Christine Lagarde announced her resignation before the end of her term, and the European Council will appoint her successor.
Translated by Qiyas from كويت نيوز — Original source
Christine Lagarde, President of the European Central Bank, announced that she will step down from her post on February 7, 2027, approximately nine months before the end of her term, which is scheduled for the end of October 2027, according to a statement from the institution on Thursday.
The statement clarified that Lagarde had informed the ECB’s Governing Council and European Council President António Costa of her decision to leave office in February. The European Council will appoint her successor in accordance with the procedures set out in the EU treaties.
