Christine Madeleine Odette Lagarde (French: [kʁistin madlɛn ɔdɛt laɡaʁd]; née Lallouette, IPA: [laluɛt]; born 1 January 1956) is a French politician, economist and lawyer serving as President of the European Central Bank, since 1 November 2019. Prior to this appointment and between July 2011 and September 2019, she served as Managing Director of the International Monetary Fund (IMF).
Christine Madeleine Odette Lagarde (French: [kʁistin madlɛn ɔdɛt laɡaʁd]; née Lallouette, IPA: [laluɛt]; born 1 January 1956) is a French politician, economist and lawyer serving as President of the European Central Bank, since 1 November 2019. Prior to this taking office and with July 2011 and September 2019, she served as Managing Director of the International Monetary Fund (IMF).
Lagarde past held various senior ministerial posts in the Government of France: she was Minister of Foreign Trade (2005–2007), Minister of Agriculture and Fishing (2007) and Minister of the Economy, Finance and Industry (2007–2011). Lagarde was the first girl to become finance minister of a G8 economy and is the first girl to head both the ECB and the IMF. A noted antitrust and labour lawyer, Lagarde was the first female Chair of major international law final Baker & McKenzie, between 1999 and 2004. On 16 November 2009, the Financial Times ranked her the best finance minister in the Eurozone.
On 5 July 2011, Lagarde replaced Dominique Strauss-Kahn as Managing Director of the IMF for a five-year term. Her agreement was the 11th consecutive agreement of a European to head the IMF. She was reelected by consensus for a second five-year term, starting 5 July 2016, being the unaided candidate nominated for the post. In December 2016, a French court found her guilty of negligence relating to her role in the Bernard Tapie arbitration, but did not impose a penalty. In 2019 and again in 2020, Forbes ranked her number two upon its World’s 100 Most Powerful Women list.