Once again, Christine Lagarde is breaking the glass ceiling — and facing a chorus of doubters. They have valid concerns this time.

Ms Lagarde is not a monetary policy specialist or an economist by training, skills which, in a perfect world, ought to be part of the job description to succeed Mario Draghi at the helm of the European Central Bank (ECB). The eurozone crisis underlined how critical the institution is to the still incomplete currency union and emphasised the outsized role of the ECB chief in swaying the bank’s council over untested policies.

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