The race for the top post is part of a broader leadership reshuffle involving three senior positions, including the Chief Economist post currently held by Philip Lane. This process was initiated by the resignation of Isabel Schnabel, who will leave the ECB board on Jan 3, 2027, to join the International Monetary Fund as financial counsellor and director of its monetary and capital markets department.
Tuesday, October 20, 2026
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German Chancellor Merz Meets Top Contenders for ECB Presidency
Global Markets18 days ago
Pablo Hernandez de Cos and Klaas Knot will each hold meetings with Friedrich Merz to argue their cases for the role of European Central Bank president. The German leader will convene with the Dutchman in the coming days and with the Spaniard in the following weeks to assess their bids to replace Christine Lagarde, according to people familiar with the matter.
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