Finance
EU Leaders Appoint Boris Vujcic as ECB Vice President
Published by Global Banking & Finance Review®
Posted on March 19, 2026
2 min readLast updated: March 19, 2026
Quick Summary
EU leaders have appointed Croatia’s central bank Governor Boris Vujčić as ECB Vice‑President for a non‑renewable eight‑year term beginning 1 June 2026, succeeding Luis de Guindos.
EU Names Croatia’s Boris Vujcic as ECB Vice President Starting June 2024
Appointment of Boris Vujcic as ECB Vice President
Background of the Appointment
BRUSSELS, March 19 (Reuters) - European Union leaders appointed on Thursday Croatia's central bank Governor Boris Vujcic to be the vice president of the European Central Bank for a non-renewable 8-year term.
Boris Vujcic’s Experience and Qualifications
Professional Background
Vujcic, 61, will replace Spain's Luis de Guindos from June 1. He is a trained monetary economist who oversaw his own country's accession to the euro zone as its 20th nation in 2023, making it the second-newest member after Bulgaria.
Economic Philosophy
A former university professor, Vujcic is considered a moderate hawk who has consistently warned against lingering inflation risks and argued for only gradual policy easing to make sure price pressures are fully extinguished.
Role in Croatia’s EU Accession
A governor or deputy governor for more than 25 years now, he was also instrumental in negotiating Croatia's accession into the European Union in 2013.
Significance for Croatia and the ECB
Impact on Smaller EU Economies
The decision gives one of Europe's smallest economies the chance to take on a top ECB job, a relative rarity for an institution that has been dominated by the bloc's four biggest nations since its inception more than a quarter of a century ago.
Reporting Credit
(Reporting by Jan Strupczewski)
Key Takeaways
- •Boris Vujčić’s term starts on 1 June 2026 and lasts eight years with no renewal option. (ecb.europa.eu)
- •He was confirmed by EU leaders after approval from the Governing Council and European Parliament. (ecb.europa.eu)
- •Vujčić, a moderate hawk and former university professor, led Croatia through euro adoption and EU accession. (euronews.com)
References
Frequently Asked Questions about EU leaders appoint Boris Vujcic as ECB vice president
1Who is the new vice president of the European Central Bank?
Croatia's central bank Governor Boris Vujcic has been appointed as the new vice president of the European Central Bank.
2When will Boris Vujcic take office as ECB vice president?
Boris Vujcic will assume the role of ECB vice president on June 1.
3Who is Boris Vujcic replacing at the ECB?
Boris Vujcic is replacing Spain's Luis de Guindos as ECB vice president.
4How long is the term for the ECB vice president?
The term for the ECB vice president is eight years and is non-renewable.
5What notable achievements does Boris Vujcic have?
Boris Vujcic oversaw Croatia's accession to the euro zone in 2023 and was key in Croatia's EU membership in 2013.
