President of the European Central Bank information
Head 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
Style
Madam President (ordinary) Her Excellency (diplomatic)
Member of
Executive Board Governing Council General Council
Reports to
European Parliament European Council Eurogroup
Residence
Seat of the European Central Bank
Seat
Frankfurt, Germany
Appointer
European Council
Term length
Eight years, non renewable
Constituting instrument
Treaties of the European Union
Precursor
President of the European Monetary Institute Euro area national central banks governors
Formation
1 June 1998; 25 years ago (1998-06-01)
First holder
Wim Duisenberg
Deputy
Vice-President
Salary
€421,308 per annum[1]
Website
ecb.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.
^ECB. "Annual Accounts 2021". Retrieved 22 August 2022.
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