The European Central Bank is getting new blood at the top. Boris Vujčić, Croatia’s longtime central bank governor, officially takes over as ECB Vice-President on 1 June 2026, replacing Spain’s Luis de Guindos after his eight-year non-renewable term concludes on 31 May.

Vujčić is the first person from a post-2004 EU accession country to sit on the ECB’s six-member Executive Board, the body that runs day-to-day operations at one of the world’s most powerful central banks.

A historic appointment with a long runway

The European Council formally appointed Vujčić on 19 March 2026. That followed a Eurogroup nomination process that kicked off in January and received European Parliament approval in March 2026.

Like his predecessor, Vujčić will serve a single eight-year non-renewable term.