ECB chief Lagarde reported as candidate to lead WEF in 2027
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European Central Bank President Christine Lagarde is a putative candidate to lead the World Economic Forum at some point in 2027, Swiss newspaper NZZ reported on Sunday. The WEF board did not set a date for her to take over the presidency, but agreed that co-chairs André Hoffmann and Larry Fink should still chair the Davos meeting in January 2027. Lagarde's eight-year term at the ECB runs until the end of October 2027.
Key Facts
- Christine Lagarde is a putative candidate to lead the World Economic Forum at some point in 2027, according to Swiss newspaper NZZ.
- The WEF board agreed that co-chairs André Hoffmann and Larry Fink should still chair the Davos meeting in January 2027.
- Lagarde's eight-year term as ECB president runs until the end of October 2027.
- Singapore's President Tharman Shanmugaratnam said the succession to Fink and Hoffmann should be resolved internally.
Leadership Transition
The WEF's board is currently co-chaired by Roche vice-chairman André Hoffmann and BlackRock CEO Larry Fink. They are navigating a leadership transition after founder Klaus Schwab stepped down last year. At a board meeting near Geneva this week, Lagarde was reportedly described as a putative candidate to lead the organisation. According to sources cited by NZZ, she also said she was ready to serve.
Board Deliberations
Singapore's President Tharman Shanmugaratnam said the succession to Fink and Hoffmann should be resolved internally as suitable candidates were available. Lagarde, who has been a member of the WEF's board for several terms, thanked the members of the 28-strong body for their confidence in her. The board did not determine exactly when Lagarde should take over the presidency. The only point of agreement was that Fink and Hoffmann should still chair the annual meeting in Davos in January 2027.
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ECB chief Lagarde reported as candidate to lead WEF in 2027
