ECB chief Lagarde ‘ready to serve’ World Economic Forum: report
Her eight-year term at the ECB ends in October 2027
Christine Lagarde, the current chief of the European Central Bank, could potentially assume the presidency of the World Economic Forum in 2027, according to Swiss newspaper NZZ. This news emerged during a board meeting near Geneva, where Lagarde was reportedly referred to as a "putative candidate" for the role. She has also expressed her readiness to serve in the position.
The World Economic Forum's current board is co-chaired by Roche vice-chairman André Hoffmann and BlackRock CEO Larry Fink, who are overseeing a leadership transition following the departure of founder Klaus Schwab last year. Singapore's President Tharman Shanmugaratnam stated that the succession should be handled internally, as suitable candidates were present.
Lagarde, a long-time member of the WEF's board, expressed gratitude to the board members for their confidence in her. Despite not deciding on the exact timing of her presidency, the board agreed that Fink and Hoffmann should continue chairing the annual meeting in Davos in January 2027. The World Economic Forum declined to comment on the matter.
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