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The Economic Times
The Economic Times
National

WEF could appoint Lagarde as early as November, sources say

Zurich: The World Economic Forum could appoint Christine Lagarde as its next chair as soon as next month, four people close to the organisation told Reuters, meaning she would step down early as European Central Bank chief and trigger a wider reshuffle at the top of the ECB.

Lagarde's ECB term is scheduled to end in October 2027. Leaving early would give European Union leaders a chance to pick a new ECB President before France's spring presidential election, which opinion polls suggest the far-right could win, and could pave the way for a deal involving two other senior ECB roles.

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