The facts
The ECB said Lagarde had informed its Governing Council and European Council President António Costa of her departure date. [1]
Reuters reported that the departure is about nine months before the scheduled end of her term. [2]
The European Council will appoint her successor under the procedure in Article 283 of the Treaty on the Functioning of the European Union, the ECB said. [1]
Still unconfirmed
- The checked announcement does not name a successor or establish Lagarde’s next position.
Sources
References support the numbered facts above. Source checks: 29 Oct 2026, 11:28 UTC.
- Christine Lagarde informs Governing Council of her departure
European Central Bank · Primary source · 29 Oct 2026
Official ECB announcement; the body is in English even though the URL has a French-language suffix.
- ECB president Lagarde resigns, effective Feb. 7
Reuters / Internazionale · Reporting · 29 Oct 2026
Reuters report by Francesco Canepa and Balazs Koranyi, read in the host’s publicly available article. Reuters is independent of the ECB; the core announcement comes from the same ECB statement.