The Glaring Similarity of the EU Central Bank’s Leadership

24 men. One woman. All white.

Other women in the room were there for decoration

The image of the European Central Bank's governing council published on social media by the bank's new president, Christine Lagarde went viral because it was made up of mostly males. 6 members of the council make up the bank's Executive Board. 19 are governors of the euro zone nations' central banks according the ECB. They are all white, dressed in business attire and over 40 years old. The youngest is Madis Müller, from Estonia, age 42.

Lagarde replaced Mario Draghi as ECB president and has invited the governing council, its top policymaking body, to present ideas on how to improve the central bank’s internal discussions. The issue of equality wass part of the agenda for her first council meeting. The meeting was hosted at the Schlosshotel Kronberg a luxury resort in a 19th-century castle. Lagarde became the European Central Bank's first female president in early November 2019. Before that, she was the first woman to head the International Monetary Fund, and France’s first female finance minister before that. But at this meeting the only other women in the room were there for decoration.

Lagarde is expected to deliver a major shakeup to the central bank. Financial Times reports that the reform plans range from holding regular votes on monetary policy to requiring that the president does not pre-announce policy plans. Nevertheless, these proposals could potentially bring widespread changes in terms of market interpretation of future policy meetings. With the new leadership in place, it could also open the door for some deeper makeovers and blockchain technology could be one of them. Lagarde is one of the few key monetary policymakers who is open to digital currency. Her positive stance on crypto highlights the possibility of having a more blockchain-friendly environment in Europe under a Lagarde-led ECB.


11/18/2019 8:26 PM


  • Paul S.
    03/01/2020 00:24

    Fortunately the one women may be the sharpest one at the table

  • Mike P.
    02/29/2020 23:46

    I’m not sure what the point of this was. It’s Europe most the people are white. What’s next China has a meeting & they’re all Chinese?

  • Dena D.
    02/29/2020 19:01

    thats all i see

  • Mikey L.
    02/28/2020 22:52

    Oh boy. I thought it was the 2020 Democratic presidential candidates. My bad

  • Tony Y.
    02/28/2020 03:01

    Yea? and so what?

  • Юрій Х.
    02/28/2020 01:33

    Члени мойого кружка 👏

  • Michael S.
    02/28/2020 00:37

    It’s too white need diversity!

  • Tre M.
    02/27/2020 19:39

    Not one person of color in sight

  • Jazmin B.
    02/27/2020 02:51

    People just need to stop complaining about “why didn’t you include this one”, “why is there a lack of diversity?” And work to change it by being the person who could sit there instead . At the end of the day your hard work and accomplishments, no matter the color of your skin or sexual orientation, will define your infinite potential and open greater doors....they say you can’t cover the sun with a finger so shine brighter and always give your best in all you do.

  • Ollie S.
    02/26/2020 20:52

    So what!

  • Thomas L.
    02/26/2020 10:30

    Who Cares

  • Grump E.
    02/26/2020 06:20

    Poor lady gonna need new hips and a wheelchair after they finish running a train on her.....🤭

  • Keith G.
    02/26/2020 01:53


  • Susanne M.
    02/25/2020 23:31


  • Ronnie N.
    02/25/2020 07:30

    Comparing to WHO

  • Sibongile Z.
    02/25/2020 06:27

    Excluding black people doesn't make economical sense either

  • Dan H.
    02/25/2020 03:47

    How dare the European bank staff its top positions with Europeans!!

  • Janina I.
    02/24/2020 17:47

    There's a reason y she doesn't want another woman in the sewer. Competition

  • Karen A.
    02/24/2020 01:49

    And,, problem?

  • Vera K.
    02/24/2020 01:16

    Who you like to see at that table people like Dilma Rousseff or Madura?