European Central Bank President Christine Lagarde said Klaas Knot would be a suitable successor, Dutch newswire ANP reported, citing a podcast episode of “College Leaders in Finance,” which will be released on Sunday. He has the intellect, the stamina, and the ability to engage others,” Lagarde was cited as saying. Lagarde’s non-renewable term as ECB chief ends in October 2027. The task of an ECB president often involves aligning the members of the Governing Council, which comprises the heads of the euro area’s national central banks, Lagarde was cited as saying. But he’s not the only one.”Also read: ECB gets another ‘moderate hawk’ as Dutch central bank veteran exitsKnot was head of the Dutch central bank for 14 years through June 2025.