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ECB: Isabel Schnabel to leave early for IMF

Three weeks ago, the Handelsblatt reported exclusively on the impending change, now it is official: The German ECB Director is leaving the ECB early and heading to Washington.

Translated from German Read in German

ECB: Isabel Schnabel to leave early for IMF

Isabel Schnabel, a director at the European Central Bank (ECB), is leaving the bank early to join the International Monetary Fund (IMF). She will take over the Markets department at the IMF in January, a role she already holds at the ECB. Schnabel's departure means she will not become ECB President, a position she had reportedly expressed interest in. Her term at the ECB will end a year early, in 2027, and Christine Lagarde's term as ECB President is set to end in October 2027.

Written by urgent.news from Handelsblatt's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.

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