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President of Germany’s federal bank and its vice-president in 2014-2019, the first woman to hold that position

Question marks over the ECB’s governance

·      The early departure of another high-level European Central Bank official has confirmed tensions in the critical European institution

·      The disagreements stem from both the policies and leadership style of the bank’s former President Mario Draghi

·      The new ECB leader, Christine Lagarde, may face a weakened opposition but the problems are unlikely to go away

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Professor Elisabeth Krecké
The vacancy created an embarrassing boardroom impasse, as Mr. Draghi was not able to replace her for months
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