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Schnabel to join IMF as financial counsellor

ECB official to step down early, creating another opening at the top of the bank

Isabel Schnabel
Isabel Schnabel
Bernd Hartung/European Central Bank

Isabel Schnabel is to join the International Monetary Fund as its chief financial economist, in a move that will see her depart early from the European Central Bank, setting off another contest for the bank’s top roles.

The IMF said in a statement today (September 24) that Schnabel would join the fund as financial counsellor and director of the monetary and capital markets department, starting on January 4.

“Isabel is a well-respected leader and communicator,” said IMF managing director Kristalina

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