President of the European Central Bank

President of the European Central Bank
Emblem of the European Central Bank
Incumbent
Christine Lagarde
since 1 November 2019
European Central Bank
StyleMadam President
(ordinary)
Her Excellency
(diplomatic)
Member ofExecutive Board
Governing Council
General Council
Reports toEuropean Parliament
European Council
Eurogroup
ResidenceSeat of the European Central Bank
SeatFrankfurt, Germany
AppointerEuropean Council
Term lengthEight years, non renewable
Constituting instrumentTreaties of the European Union
PrecursorPresident of the European Monetary Institute
Euro area national central banks governors
Formation1 June 1998 (1998-06-01)
First holderWim Duisenberg
DeputyVice-President
Salary€421,308 per annum[1]
Websiteecb.europa.eu

The president of the European Central Bank is the head of the European Central Bank (ECB), the main institution responsible for the management of the euro and monetary policy in the Eurozone of the European Union (EU).

The current president of the European Central Bank is Christine Lagarde, previously the chair and managing director of the International Monetary Fund. Lagarde has served as the president of the ECB since 1 November 2019. She is the first woman to hold the post.

  1. ^ ECB. "Annual Accounts 2021". Retrieved 22 August 2022.

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