Schnabel quits ECB, triggers reshuffle
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Isabel Schnabel left the European Central Bank early to join the International Monetary Fund in Washington, a move that opened the door to a major ECB leadership reshuffle.
Reposted by Iikka Korhonen
"Following an opinion from the ECB’s Ethics Committee, the Governing Council has decided that no cooling-off period is required. Ms Schnabel will not be involved in any matters related to the IMF for the remainder of her term at the ECB." www.ecb.europa.eu/press/pr/dat...
ECB Executive Board member Isabel Schnabel to resign to take senior role at IMF
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purch...
www.ecb.europa.eu
September 24, 2026 at 7:57 PM
"Following an opinion from the ECB’s Ethics Committee, the Governing Council has decided that no cooling-off period is required. Ms Schnabel will not be involved in any matters related to the IMF for the remainder of her term at the ECB." www.ecb.europa.eu/press/pr/dat...
Reposted by Iikka Korhonen
IMF announcement: "Kristalina Georgieva (MD) ... announced today her intention to appoint Ms. Isabel Schnabel as the Fund’s next Financial Counsellor and Director of the Monetary and Capital Markets Department (MCM), effective January 4, 2027."
Nominee currently ECB.
www.imf.org/en/news/arti...
Nominee currently ECB.
www.imf.org/en/news/arti...
www.imf.org
September 24, 2026 at 2:54 PM
IMF announcement: "Kristalina Georgieva (MD) ... announced today her intention to appoint Ms. Isabel Schnabel as the Fund’s next Financial Counsellor and Director of the Monetary and Capital Markets Department (MCM), effective January 4, 2027."
Nominee currently ECB.
www.imf.org/en/news/arti...
Nominee currently ECB.
www.imf.org/en/news/arti...