ECB Executive Board Member Isabel Schnabel To Resign In January 2027
Isabel Schnabel will step down from the ECB Executive Board to join the International Monetary Fund as Financial Counsellor.
By Orion Desk
European Central Bank official Isabel Schnabel has announced her departure from the Executive Board and Governing Council effective 3 January 2027. She will transition to a new role as the Financial Counsellor and Director of the Monetary and Capital Markets Department at the IMF.
Until her departure, Schnabel will continue to fulfil her current responsibilities at the central bank. Market participants will monitor the upcoming selection process by the European Council for her successor, as the institution prepares for this change in its leadership team.
Originally published by European Central Bank
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