Villeroy Exit Sparks Race for Pivotal Bank of France Chief Role

Francois Villeroy de Galhau’s exit as Bank of France governor creates a pivotal vacancy for both the country and the region at a sensitive time.

Whoever President Emmanuel Macron chooses will take on one of the most influential seats on the European Central Bank’s Governing Council, a place among Group of Seven peers, and a national role as an economic watchdog with a tense election year ahead.