The LDS Church’s New Apostle: Gérald Caussé
Gérald Caussé, a prominent leader within The Church of Jesus Christ of Latter-day Saints, was appointed as the newest apostle on Thursday. At 62 years old, he joins the Quorum of the Twelve Apostles, an influential all-male council just below the president and his two counselors.
Role and Responsibilities
The apostles help shape church policies and oversee various business interests. Caussé brings deep expertise in the church’s global finances, acquired through his role in managing a worldwide temple construction surge under the previous president.
Financial Oversight and Background
A native of France, Caussé is intimately familiar with the church’s assets, accumulated in part through its expansive temple projects, where sacred ceremonies occur. Although the church keeps its finances confidential, recent filings from its investment arm, Ensign Peak Advisors Inc., reported a portfolio valued at $58 billion.
“We really consider those funds as belonging to the Lord.” — Gérald Caussé, 2020
Recent Context
Caussé fills the vacancy in the Quorum of the Twelve Apostles left by the passing of President Russell M. Nelson and follows the recent appointment of President Dallin H. Oaks, a 93-year-old former Utah Supreme Court justice.
Summary
Gérald Caussé’s appointment brings significant financial acumen to the LDS Church’s leadership amid a continuing expansion of its temple network worldwide.
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