Christine Lagarde will leave the presidency of the ECB on February 7, 2027

Christine Lagarde, President of the European Central Bank, announced her departure on February 7, 2027, after informing her colleagues. She expressed pride in serving the institution. European Council President Antonio Costa praised her sense of duty and initiated the succession process. Lagarde's exit allows French President Emmanuel Macron to influence her successor's appointment before the upcoming presidential elections. Since taking office in November 2019, she has navigated significant crises, including the COVID-19 pandemic and energy price surges due to the Ukraine war. Although she ruled out a presidential bid, she may pursue other public roles, including a potential leadership position at the World Economic Forum.