Christine Lagarde #36

President of the European Central Bank, former Managing Director of the International Monetary Fund (IMF)

Christine Lagarde & President of the European Central Bank, former Managing Director of the International Monetary Fund (IMF) & background` Christine Lagarde & President of the European Central Bank, former Managing Director of the International Monetary Fund (IMF) & poster`
Christine Lagarde & President of the European Central Bank, former Managing Director of the International Monetary Fund (IMF)
Age 64
Place of birth Paris, France
Place of residence Frankfurt, Germany
Category Law & Politics
Alma mater Paris West University Nanterre-La Défense, Institut d'Études Politiques d'Aix-en-Provence
Known for Int'l monetary policy, advocating digital currencies
person-quote
“In the case of new technologies — including digital currencies — that means being alert to risks in terms of financial stability, privacy or criminal activities, and ensuring appropriate regulation is in place to steer technology towards the public good. But it also means recognising the wider social benefits from innovation and allowing them space to develop.“

Biography:

Christine Lagarde graduated from Paris West University Nanterre La Défense, where she obtained master’s degrees in English, labor law and social law. She also holds a master’s degree from the Institut d'Études Politiques in Aix-en-Provence. She served as France’s trade minister between 2005 and May 2007.

On May 18, 2007, she was moved to the Ministry of Agriculture as part of the government of François Fillon. The following month, she joined François Fillon’s cabinet in the Ministry of Economic Affairs, Finance and Employment to become the first woman in charge of economic policy in France. On May 25, 2011, Lagarde announced her candidacy to be head of the IMF. On July 2, 2019, Lagarde was nominated by the European Council to succeed Mario Draghi as president of the European Central Bank on Nov. 1, 2019.

Christine Lagarde's 2019:

In September, when she was still the head of the IMF, she told the Economic and Monetary Affairs Committee of the European Parliament that Europe must be open to the innovative capabilities of digital currencies and implement sensible regulation in order to steer the technology for the public good. Earlier in February, she claimed that regulation of the crypto-asset space is “inevitable” and must be done globally to avoid balkanization. In December, after being appointed the new president of the ECB, Lagarde tweeted that Europe better be “ahead of the curve” on stablecoins.

What Cointelegraph expects for 2020:

As the head of the ECB and given her fairly positive stance toward cryptocurrencies, it is likely that there will be more efforts to construct a clear regulatory framework for crypto assets in the coming months.