Christine Lagarde to step down as ECB president in February 2027

Nexus Europa Newsroom
Posted Oct 29, 2026, 03:30 PM UTC · In the digest of 2026-10-29-1530
Christine Lagarde to step down as ECB president in February 2027
Photo: La Vanguardia

European Central Bank President Christine Lagarde has announced she will step down from her role on 7 February 2027, eight months ahead of her term's official end.

European Central Bank President Christine Lagarde announced on Thursday that she will step down early from her position on 7 February 2027, eight months before her eight-year term officially expires in October 2027.

Lagarde stated that serving the institution had been a matter of great pride. European Council President António Costa acknowledged her announcement, thanking her for her leadership. Following the decision, attention has turned to potential successors, with reports identifying former Bank of Spain governor Pablo Hernández de Cos as a candidate in the succession race. Additional reporting suggested Lagarde may be considering a future role at the World Economic Forum.

Sources: Canarias7, Diário de Notícias, El Mundo, La Repubblica, La Vanguardia

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