Finance
ECB's Nagel says he has credentials to succeed Lagarde
Published by Global Banking & Finance Review®
Posted on November 13, 2025
1 min readLast updated: January 21, 2026
Global Banking & Finance Review®
Company
Published by Global Banking & Finance Review®
Posted on November 13, 2025
1 min readLast updated: January 21, 2026
Joachim Nagel claims his ECB council role qualifies him to succeed Christine Lagarde as ECB President, emphasizing both internal and external candidate eligibility.
BERLIN (Reuters) -The European Central Bank's Joachim Nagel said sitting on the governing council gives him and others the credentials required to succeed ECB President Christine Lagarde, in comments published by Germany's Spiegel news magazine on Thursday.
"In principle, any central banker on the ECB governing council should be eligible to succeed to the top position in the euro system. External candidates with different profiles also have a chance," Nagel, president of Germany's Bundesbank, told the magazine.
Lagarde's tenure as ECB head ends in October 2027.
(Reporting by Rachel More; editing by Philippa Fletcher)
The European Central Bank (ECB) is the central bank for the eurozone, responsible for monetary policy and maintaining price stability in the euro area.
A central banker is an official who manages a country's currency, money supply, and interest rates, typically working for a central bank.
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