ECB chief Lagarde to step down early, triggering succession race
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Finance
October 29, 2026
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FRANKFURT, Germany (AFP) — European Central Bank (ECB) President Christine Lagarde will step down in February, months before her term ends, officials said Thursday, kicking off a race to succeed her against a turbulent backdrop in the eurozone and further afield.
“It has been a great pride and a huge privilege to serve this institution,” Lagarde posted on X, announcing that she would resign nine months before her term officially ends in October 2027.
“I think that I leave this institution with a sense of good work done and an ECB that is fit for the future,” she said.
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