Last week, the Financial Times cited Schwab as saying that Lagarde had discussed cutting short her term to succeed him as chairman. The WEF is known for its annual Davos meeting in the Swiss Alps.
Christine Lagarde pledged to see out her presidency at the European Central Bank following speculation over an early departure to lead the World Economic Forum in Switzerland.
“I’m fully determined to deliver my mission and I’m determined to complete my term,” Lagarde told reporters Thursday in Frankfurt when asked about a media report that she’d discussed a premature end to her presidency with WEF founder Klaus Schwab in April. “I regret to tell you that you’re not about to see the back of me.”
