ECB Governing Council
8 January 2026
This interactive table is built around Econostream's ranking of the 26 members of the European Central Bank Governing Council in terms of hawkishness/dovishness, periodically updated as views evolve. For each member, it also offers a convenient overview of select fundamental data points as well as linking directly to the respective policymaker's latest monetary policy-relevant comments.
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| Photo | Name | Position | Nationality | Hawk/Dove | Bias | Date Joined | Current Term Start | Current Term End | Birthdate | Term Length | Term Limit | No. of Terms |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Dimitar Radev | Governor, Bulgarian National Bank | BG | 1 | Hold | 1 Jan 2026 | 18 Jul 2023 | 17 Jul 2029 | 12 Jul 1956 | 6 years | 2 | |
| *vacant | Governor, Banka Slovenije | SI | 0 | Unclear | 6 years | 1 | ||||||
|
Álvaro Santos Pereira | Governor, Bank of Portugal | PT | -0.25 | Hold | 6 Oct 2025 | 6 Oct 2025 | 5 Oct 2030 | 7 Jan 1972 | 5 years | 1 | |
|
Olaf Sleijpen | President, De Nederlandsche Bank | NL | 0.5 | Hold | 1 Jul 2025 | 1 Jul 2025 | 30 Jun 2032 | 10 Aug 1970 | 7 years | 1 | |
|
Alexander Demarco | Governor, Central Bank of Malta | MT | -0.75 | Hold | 1 Jan 2026 | 1 Jan 2026 | 31 Dec 2030 | 1 Sep 1965 | 5 years | 1 | |
|
Gaston Reinesch | Governor, Banque centrale du Luxembourg | LU | 1 | Hold | 1 Jan 2013 | 1 Jan 2025 | 31 Dec 2030 | 17 May 1958 | 6 years | 2 | |
|
Gediminas Šimkus | Governor, Bank of Lithuania | LT | -1.5 | Hold | 7 Apr 2021 | 7 Apr 2021 | 6 Apr 2026 | 16 Feb 1978 | 5 years | 1 | |
|
Mārtiņš Kazāks | Governor, Latvijas Banka | LV | -0.25 | Hold | 21 Dec 2019 | 6 Feb 2025 | 5 Feb 2030 | 19 Sep 1973 | 5 years | 2 | |
|
Piero Cipollone | ECB Board member | EU | -1.25 | Hold | 1 Nov 2023 | 1 Nov 2023 | 31 Oct 2031 | 3 Jan 1962 | 8 years | 1 | |
|
Gabriel Makhlouf | Governor, Central Bank of Ireland | IE | 0.5 | Hold | 1 Sep 2019 | 1 Sep 2019 | 31 Aug 2026 | 16 May 1960 | 7 years | 1 | |
|
Yannis Stournaras | Governor, Bank of Greece | GR | -1.25 | Hold | 20 Jun 2014 | 27 Jun 2020 | 26 Jun 2026 | 10 Dec 1956 | 6 years | 2 | |
|
Joachim Nagel | President, Deutsche Bundesbank | DE | 0.75 | Hold | 1 Jan 2022 | 1 Jan 2022 | 31 Dec 2029 | 31 May 1966 | 8 years | 1 | |
|
François Villeroy de Galhau | Governor, Banque de France | FR | -1.5 | Hold | 1 Nov 2015 | 1 Nov 2021 | 31 Oct 2027 | 24 Feb 1959 | 6 years | 1 | |
|
Olli Rehn | Governor, Bank of Finland | FI | -1.25 | Hold | 12 Jul 2018 | 12 Jul 2025 | 11 Jul 2032 | 31 Mar 1962 | 7 years | 2 | |
|
Madis Müller | Governor, Bank of Estonia | EE | 1.25 | Hold | 7 Jun 2019 | 7 Jun 2019 | 6 Jun 2026 | 20 Jan 1977 | 7 years | 1 | 1 |
|
Christodoulos Patsalides | Governor, Central Bank of Cyprus | CY | 0.25 | Hold | 11 Apr 2024 | 11 Apr 2024 | 10 Apr 2029 | 1 May 1962 | 5 years | 1 | |
|
Boris Vujčić | Governor, Croatian National Bank | HR | 0.75 | Hold | 1 Jan 2023 | 13 Jul 2024 | 12 Jul 2030 | 2 Jun 1964 | 6 years | 3 | |
|
Pierre Wunsch | Governor, National Bank of Belgium | BE | 0.75 | Hold | 2 Jan 2019 | 22 Jan 2024 | 21 Jan 2029 | 12 Dec 1967 | 5 years | 2 | |
|
Martin Kocher | Governor, Austrian National Bank | AT | 0.75 | Hold | 1 Sep 2019 | 1 Sep 2025 | 31 Aug 2031 | 13 Sep 1973 | 6 years | 1 | |
|
Frank Elderson | ECB Board member | EU | 0.25 | Hold | 15 Dec 2020 | 15 Dec 2020 | 14 Dec 2028 | 18 May 1970 | 8 years | 1 | 1 |
|
Fabio Panetta | Governor, Bank of Italy | IT | -1.75 | Hold | 1 Nov 2023 | 1 Nov 2023 | 31 Oct 2029 | 1 Aug 1959 | 6 years | 1 | |
|
Philip Lane | ECB Board member | EU | -0.75 | Hold | 1 Jun 2019 | 1 Jun 2019 | 31 May 2027 | 27 Aug 1969 | 8 years | 1 | 1 |
|
Isabel Schnabel | ECB Board member | EU | 1.5 | Hold | 1 Jan 2020 | 1 Jan 2020 | 31 Dec 2027 | 9 Aug 1971 | 8 years | 1 | 1 |
|
Luis de Guindos | ECB Vice-President | EU | -0.5 | Hold | 1 Jun 2018 | 1 Jun 2018 | 31 May 2026 | 16 Jan 1960 | 8 years | 1 | 1 |
|
Christine Lagarde | ECB President | EU | 0.25 | Hold | 1 Nov 2019 | 1 Nov 2019 | 31 Oct 2027 | 1 Jan 1956 | 8 years | 1 | 1 |
|
José Luis Escrivá | Governor, Bank of Spain | ES | 0.25 | Hold | 24 Sep 2024 | 24 Sep 2024 | 23 Sep 2030 | 5 Dec 1960 | 6 years | 1 | |
|
Peter Kažimír | Governor, Národná banka Slovenska | SK | 1.25 | Hold | 1 Jun 2019 | 1 Jun 2019 | 1 Jun 2025 | 28 Jun 1968 | 6 years | 1 |