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ECB’s Lagarde Considers Early Exit to Lead WEF, Schwab Confirms
ECB’s Lagarde Considers Early Exit to Lead WEF, Schwab Confirms
24
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Christine Lagarde may step down as European Central Bank president ahead of schedule to assume leadership of the World Economic Forum, according to WEF founder Klaus Schwab. Preparations for her transition include reserved accommodations at a WEF-owned Geneva property.
The ECB declined to comment substantively on the rumors, offering only a terse acknowledgment of Lagarde’s continued tenure. The potential leadership change comes as global financial institutions face increasing scrutiny over their role in shaping economic policy.
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