ECB President Christine Lagarde to step down early in February 2027

Nexus Europa Newsroom
Posted Oct 29, 2026, 10:00 PM UTC · In the digest of 2026-10-29-2200
ECB President Christine Lagarde to step down early in February 2027
Photo: La Vanguardia

ECB President Christine Lagarde announced she will step down early on 7 February 2027, opening up the race for her successor at the European Central Bank.

European Central Bank President Christine Lagarde announced on Thursday that she will step down from her position on 7 February 2027, eight months prior to the official conclusion of her eight-year term.

Lagarde stated that serving the central bank was a source of great pride. European Council President António Costa acknowledged her decision and expressed gratitude for her leadership during her tenure.

Her early departure has intensified focus on potential successors, with former Bank of Spain governor Pablo Hernández de Cos among the names considered. Media reports also suggest she could take up a future role at the World Economic Forum.

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

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