The European Central Bank said Executive Board member Schnabel will be appointed IMF Financial Counselor and Director of the Monetary and Capital Markets Department and will resign from the ECB effective 3 January 2027.

2026-09-24

The European Central Bank said Executive Board member Schnabel will be appointed IMF Financial Counselor and Director of the Monetary and Capital Markets Department and will resign from the ECB effective 3 January 2027.