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Home > Finance > French central bank head Villeroy to stand down early

French central bank head Villeroy to stand down early

Published by Global Banking & Finance Review®

Posted on February 9, 2026

1 min read

Last updated: February 9, 2026

French central bank head Villeroy to stand down early - Finance news and analysis from Global Banking & Finance Review

Tags:Appointment President financial community

Quick Summary

Francois Villeroy will resign early as Bank of France Governor, allowing President Macron to appoint a successor. Villeroy plans to lead a Catholic foundation.

Francois Villeroy to Depart as Bank of France Governor Early

Francois Villeroy's Departure and Its Implications

PARIS, Feb 9 (Reuters) - Bank of France Governor Francois Villeroy de Galhau will stand down in June, a bit more than a year before the end of his term, the central bank said on Monday.

Villeroy, 66, announced his departure in a letter to the central bank's staff, saying that he was leaving to lead a Catholic foundation supporting vulnerable youth and families.

His early departure hands an opportunity to French President Emmanuel Macron to name Villeroy's successor, which must also be approved by lawmakers in the National Assembly's finance commission.

(Reporting by Leigh Thomas, editing by Inti Landauro)

Key Takeaways

•Francois Villeroy resigns as Bank of France Governor.
•Villeroy to lead a Catholic foundation after resignation.
•Macron to appoint a new governor, pending approval.
•Villeroy's term ends more than a year early.
•Implications for French central bank leadership.

Frequently Asked Questions about French central bank head Villeroy to stand down early

1What is a central bank?

A central bank is a financial institution that manages a country's currency, money supply, and interest rates. It oversees monetary policy and often regulates the banking system.

2What is an appointment in finance?

An appointment in finance refers to the formal designation of an individual to a specific position or role within a financial institution or organization.

3What is the role of a governor in a central bank?

The governor of a central bank is responsible for overseeing the bank's operations, implementing monetary policy, and ensuring financial stability within the economy.

Francois Villeroy's Departure and Its Implications

PARIS, Feb 9 (Reuters) - Bank of France Governor Francois Villeroy de Galhau will stand down in June, a bit more than a year before the end of his term, the central bank said on Monday.

Villeroy, 66, announced his departure in a letter to the central bank's staff, saying that he was leaving to lead a Catholic foundation supporting vulnerable youth and families.

His early departure hands an opportunity to French President Emmanuel Macron to name Villeroy's successor, which must also be approved by lawmakers in the National Assembly's finance commission.

(Reporting by Leigh Thomas, editing by Inti Landauro)

Frequently Asked Questions

1What is a central bank?

A central bank is a financial institution that manages a country's currency, money supply, and interest rates. It oversees monetary policy and often regulates the banking system.

2What is an appointment in finance?

An appointment in finance refers to the formal designation of an individual to a specific position or role within a financial institution or organization.

3What is the role of a governor in a central bank?

The governor of a central bank is responsible for overseeing the bank's operations, implementing monetary policy, and ensuring financial stability within the economy.