New Mormon apostle led a global temple building boom and has deep knowledge of church finances

New Mormon Apostle Gérald Caussé Joins Church Leadership

Gérald Caussé, 62, became the newest apostle of The Church of Jesus Christ of Latter-day Saints on Thursday, joining the Quorum of the Twelve Apostles, which ranks just below the church president and his top counselors.

Role and Influence

As an apostle, Caussé helps shape church policy and oversees the organization's extensive business ventures. His appointment places him in the line of succession for the church presidency, determined by seniority within the Quorum.

Background and Achievements

A native of France, Caussé spent the last decade as the presiding bishop. In this role, he managed the church's finances and welfare programs.

Church Finances and Operations

The church, widely known as the Mormon church, does not publicly disclose its finances. However, recent reports from its investment branch, Ensign Peak Advisors Inc., estimate its portfolio at $58 billion.

The church's business interests are diverse and include:

"Caussé brings to the panel an intimate knowledge of the church’s vast finances."

The combination of financial expertise and leadership experience positions Caussé as a key figure in guiding the church’s future both spiritually and financially.

Author's summary: Gérald Caussé’s appointment as apostle enhances the LDS Church’s leadership with deep financial expertise, overseeing vast global operations and a temple construction surge.

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The Baltimore Sun The Baltimore Sun — 2025-11-07

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