Christine Lagarde, who will step down in February 2027 as president of the European Central Bank, has been seen as a unifying leader who headed the institution in turbulent geopolitical times and sought to strengthen it for a more uncertain world. The veteran French politician's tenure was also rocky at times; she was criticised for policy missteps, notably failing to lift interest rates fast enough during the post-pandemic inflation surge. Lagarde, 70, was the first woman to head the ECB when she was nominated in 2019, having previously been the first woman to head the International Monetary Fund.
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