The LDS Church Welcomes New Apostle Gérald Caussé
Gérald Caussé, 62, has become the newest member of The Church of Jesus Christ of Latter-day Saints’ Quorum of the Twelve Apostles. This all-male leadership body ranks just below the church president and his two top counselors. Apostles play a key role in shaping church policies and managing its various business interests.
Background and Role
Originally from France, Caussé brings a deep understanding of the church’s extensive finances to his new role. He has been closely involved in the worldwide temple construction surge, responsible for many of the grand temples where the faith's sacred ceremonies occur.
Financial Insight and Transparency
The LDS Church does not publicly discuss its financial details. However, filings from its investment branch, Ensign Peak Advisors Inc., reveal a portfolio valued at around $58 billion.
“We really consider those funds as belonging to the Lord.” – Gérald Caussé, 2020
Leadership Changes
Caussé fills the vacancy left by President Russell M. Nelson’s recent passing and follows the appointment of 93-year-old Dallin H. Oaks as the new church president. Oaks is a former Utah Supreme Court justice.
Summary
Gérald Caussé’s appointment strengthens the LDS Church leadership with his expertise in finance and temple expansion, marking a significant moment during recent top-level transitions.