Reuters reports that the German central bank said that Bundesbank President Jens Weidmann will step down from his post on Dec. 31.
Weidmann, a longstanding critic of the ECB's easy-credit policy, said he was resigning for personal reasons. But his farewell message still warned about inflationary risks.
Weidmann, who was among a handful of policymakers that opposed the ECB's pledge in July to keep interest rates at record lows until inflation stabilises at 2%, warned it should not lose sight of the risk that prices might rise too fast.
"It will be crucial not to look one-sidedly at deflationary risks, but not to lose sight of prospective inflationary dangers either," he said in Wednesday's statement.
Weidmann has headed the Bundesbank since May 2011, taking over as the euro zone's debt crisis raged.