Christine Lagarde 'qualified' to head ECB

IMF chief nominated to become first woman to lead Europe's central bank

Despite having no experience in central banking, the incoming head of the European Central Bank Christine Lagarde is a good choice for Europe and is qualified for the job, Chinese analysts said.

A lawyer by training, Lagarde, former French finance minister and managing director of the International Monetary Fund, or IMF, from 2011 to 2019, became the first woman nominated by European leaders recently to head the central bank. She still must be confirmed by a vote of the newly elected European Parliament in mid-July.