Christine Lagarde to Step Down as President of European Central Bank
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Christine Lagarde plans to leave her position as President of the European Central Bank in February. This departure occurs several months before her eight-year term is officially complete. Her exit will start a selection process to find a replacement. European leaders will be responsible for choosing the next central bank president.
Her plan to depart in February, months before the end of an eight-year term, sets in motion a selection process among European leaders for a new central bank president.