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Thursday, October 29, 2026

ECB President Christine Lagarde to step down in February 2027, nine months before term ends

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European Central Bank President Christine Lagarde will step down on February 7, 2027, nearly nine months before her term expires, the ECB said Thursday. Her successor will be appointed by the European Council under EU treaty rules.

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European Central Bank (ECB) President Christine Lagarde will step down in February 2027, several months before her term expires in October next year, the Frankfurt-based institution said Thursday.

Watch moreECB's Lagarde reportedly to leave before end of her term

"European Central Bank President Christine Lagarde today informed the Governing Council and the president of the European Council Antonio Costa that she will step down from her position on 7 February 2027," the ECB said in a statement.

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