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Christine Lagarde
Also Known As Christine Madeleine Odette Lagarde
President of the European Central Bank
Christine Madeleine European Central Bank,Inc(ECB)
She is the President of the European Central Bank since 2019.
She previously served as the 11th Managing Director of the International Monetary Fund (IMF) from 2011 to 2019. Lagarde had also served in the Government of France, most prominently as Minister of the Economy, Finance and Industry from 2007 until 2011. She is the first woman to hold each of those posts.
Lagarde joined Baker & McKenzie, a large Chicago-based international law firm, in 1981. She handled major antitrust and labour cases, was made partner after six years and was named head of the firm in Western Europe. She joined the executive committee in 1995 and was elected the company's first female chairman in October 1999. Three years later she was reelected. At Baker & McKenzie Lagarde promulgated a “client first” approach whereby lawyers anticipated client needs rather than solely reacting to exigent situations.In 2004, Lagarde became president of the Global Strategic Committe
On 25 May 2011, Lagarde announced her candidacy to be head of the IMF to succeed Dominique Strauss-Kahn, upon his resignation. On 2 July 2019, Christine Lagarde was nominated by the European Council to succeed Mario Draghi as President of the European Central Bank (ECB) on 1 November 2019. On 17 September 2019, the European Parliament voted via secret ballot to recommend her to the position, with 394 in favor, 206 opposed, and 49 abstentions.
As president, Lagarde is expected to maintain the accommodative monetary policy of her predecessor, Mario Draghi. When addressing the European Parliament's ECON Committee ahead of her appointment, Lagarde also expressed her willingness to make the ECB play a role in fighting climate change and to carry out a review of the ECB's monetary policy framework. She received the insignia of Commander of the National Order of Merit from Emmanuel Macron in February 2022. According to the French press, Nicolas Sarkozy suggested to Emmanuel Macron that she becomes his Prime Minister in case of re-election in the French presidential election of 2022.
Early Life
Christine Madeleine Odette Lagarde was born in 1 January 1956.
Graduated -law school at Paris Nanterre University, Paris West University Nanterre La Défense,master's degrees-English, labour law, and social law. Master's degree - Institut d'études politiques in Aix-en-Provence.
Christine Lagarde was born in Paris, France,into a family of teachers. Her Father, Robert Lallouette, "was born to a Jewish mother and a non-religious father.", was an English teacher; her mother, Nicole (Carré), was a Latin, Greek and French literature teacher. Lagarde and her three younger brothers spent their childhood in Le Havre. There she attended the Lycée François 1er (where her father taught) and Lycée Claude Monet. Lagarde is divorced and has two sons, Pierre-Henri Lagarde (born 1986) and Thomas Lagarde (born 1988).[citation needed] Since 2006, her partner has been the entrepreneur Xavier Giocanti from Marseille. She is a health-conscious vegetarian, and her hobbies include regular trips to the gym, cycling, and swimming.She speaks French, English and Spanish.
Education
- Graduated -law school - Paris Nanterre University
- master's degrees-English, labour law, and social law. - Paris West University Nanterre La Défense
- Master's degree - Institut d'études politiques in Aix-en-Provence
Career
- European Central Bank - president
Other Activites
European Union institutions:
European Systemic Risk Board (ESRB), ex officio chair of the General Board (since 2019)
European Investment Bank (EIB), ex officio member of the board of governors (2007–2011)
International organizations:
Bank for International Settlements (BIS), ex officio member of the board of directors (since 2019)
Asian Development Bank (ADB), ex officio member of the board of governors (2007–2011)
European Bank for Reconstruction and Development (EBRD), ex officio member of the board of governors (2007–2011)
International Monetary Fund (IMF), ex officio member of the board of governors (2007–2011)
World Bank, ex officio member of the board of governors (2007–2011)
Non-profit organizations:
World Economic Forum (WEF), member of the board of trustees (since 2011)
Academic institutions:
Honorary fellow of Robinson College, Cambridge
Recognition
2019 – 2nd Most Powerful Woman in the World, named by Forbes magazine
2020 – 2nd Most Powerful Woman in the World, named by Forbes magazine
2022 - 2nd Most Powerful Woman in the World, named by Forbes magazine
Honorary doctorate from KU Leuven (Belgium) – awarded at KU Leuven Kulak
Honorary doctorate from Université de Montréal
Commander of the Ordre du Mérite Maritime (2007)
Grand Officer of the National Order of the Ivory Coast (2013)
Medal of the Order of Friendship (2010)