The LDS Church’s New Apostle: Gérald Caussé
Gérald Caussé, a central figure in The Church of Jesus Christ of Latter-day Saints (LDS Church), was appointed as the newest apostle on Thursday. At 62, Caussé joins the Quorum of the Twelve Apostles, a key leadership body just below the church president and his two counselors.
Role and Responsibilities
The apostles play a crucial role in shaping church policy and overseeing its extensive business interests. Caussé fills the vacancy created by the death of President Russell Nelson and the October appointment of President Dallin Oaks. His position also places him in the line of succession for the church presidency, based on seniority within the quorum.
Financial Leadership and Temple Expansion
A native of France, Caussé served the past decade as presiding bishop, managing the church’s finances and welfare initiatives. Under his guidance, the LDS Church increased humanitarian efforts and expanded its global presence of temples, which host the church’s most sacred ceremonies.
“The church does not disclose or discuss its finances, but the latest filings from its investment arm, Ensign Peak Advisors Inc., valued its portfolio at $58 billion.”
Church Business Ventures
- Real estate holdings
- Agricultural operations
- Publishing and life insurance
- Nonprofit organizations and universities
- Polynesian Cultural Center in Hawaii
- Upscale open-air shopping mall in Salt Lake City
Summary
Gérald Caussé’s appointment highlights his vital role in managing the LDS Church’s vast financial empire and overseeing its worldwide expansion of sacred temples and humanitarian work.