ECB asks EU leaders to begin search for Lane's successor

深潮 TechFlow reported on Oct 30 that a spokesperson for European Council President Costa confirmed the European Central Bank has asked EU leaders to launch a selection process to find a successor for Chief Economist Philip Lane. This also marks the official start of the contest for another vacancy on the ECB Executive Board.

Although the move is only a procedural step to fill a post that will officially become vacant on June 1, the arrangement will allow eurozone officials to negotiate Lane's seat alongside the positions of ECB President Christine Lagarde and Executive Board member Isabel Schnabel. The Spanish candidate De Cos and the Dutch candidate Knot are the front-runners to succeed Lagarde. France and Germany could each secure one of the other two seats to maintain their seats on the ECB's top decision-making body. (Jin10)

Source: 深潮 TechFlow