Technology Lagarde keeps Draghi adviser

Lagarde keeps Draghi adviser

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Frankfurt The new ECB President Christine Lagarde continues to rely on the German Roland Straub as a personal advisor. The 45-year-old had worked in the same position for almost three years for her predecessor Mario Draghi. Now his contract was extended for another three years.

As a personal advisor, he attends important Lagarde appointments and coordinates their work. A lot of organizational work is associated with the position. But it is also very influential and offers many opportunities to make contacts.

There had also been speculation internally that Straub could switch to another high-ranking position in the central bank. The economist has an excellent reputation in the ECB. After studying economics at the University of Frankfurt, he did his doctorate at the European University Institute in Florence. He not only served as an advisor to Mario Draghi, but also previously to the former French ECB board member Benoît Coeur.

Before joining the ECB in 2006, he worked for the International Monetary Fund (IMF) for almost two years. Straub was born in Transylvania and was eleven years old when he moved from Romania to Germany with his family. In his free time, he is involved in the Kickers Offenbach football club. There he sits on the board of directors and is committed to the youth work of the association.

More: The main pullers of the ECB

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