Monday, 6 January 2020

Isabel Schnabel to run ECB Market Operations

Germany's Isabel Schnabel has been appointed to the Board of the ECB overseeing market operations.

This is part of the reshuffle implemented by new ECB President Christine Lagarde (previously Managing Director of the IMF, the highest possible position in the IMF, second only to the First Deputy Managing Director).

Lagarde succeeded Mario Draghi (formerly Governor of Banca d'Italia) on 1 November 2019.

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