Overview
- Vujčić, the Croatian National Bank governor, will take over from Spain’s Luis de Guindos when his term ends on June 1, 2026.
- The choice departs from the European Parliament’s economic affairs panel, which had advised selecting Mārtiņš Kazāks or Mário Centeno.
- Spain will lose its seat on the ECB Executive Board until at least June 2027, with further vacancies scheduled in late 2027 and early 2028.
- Vujčić has served at Croatia’s central bank since 1996, became governor in 2012, and oversaw the country’s euro adoption on January 1, 2023.
- He is widely viewed as a monetary hawk who favors more restrictive policy to curb inflation.