President of the European Central Bank

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The Presidents of the European Central Bank

[edit] List

List of presidents since the establishment of the bank on June 1, 1998.

President Portrait Term Date of Birth and Death
1 Wim Duisenberg 1998-06-01 - 2003-10-31
5 years, 4 months		 1935-07-09 - 2005-07-31
2 Jean-Claude Trichet 2003-10-31 - incumbent 1942-12-20 -

[edit] Initial appointment

The French interpretation of the agreement made with the installation of Wim Duisenberg as President of the European Central Bank was that Duisenberg would resign after just four years of his eight year term, and would be replaced by the French Jean-Claude Trichet. Duisenberg always strongly denied that such an agreement was made and stated in February 2002 that he would stay in office until his 68th birthday on July 9, 2003.

In the meanwhile Jean-Claude Trichet was not cleared of legal accusations before June 1, 2002, so he was not able to begin his term after Duisenberg's first four years. Even on July 9, 2003 Trichet was not cleared, and therefore Duisenberg remained in office until November 1, 2003. Duisenberg died on the July 31, 2005.

[edit] Vice President

Vice President Christian Noyer was only appointed for four years so that his resignation would coincide with the expected resignation of Duisenberg. His successor is Lucas Papademos, who is granted an eight year term.

Vice President Term
1 Christian Noyer 1998-06-01 - 2002-05-31
2 Lucas Papademos 2002-05-31 - incumbent
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