The LDS Church’s New Apostle: Gérald Caussé
Gérald Caussé, 62, was appointed as the newest apostle of The Church of Jesus Christ of Latter-day Saints on Thursday. He fills the vacancy created by the passing of President Russell Nelson and the appointment of President Dallin Oaks in October.
Role and Responsibilities
Caussé joins the Quorum of the Twelve Apostles, an all-male governing council that ranks just below the church president and his two counselors. Apostles play a key role in determining church policies and overseeing its various business operations.
Background and Expertise
Originally from France, Caussé has spent the last decade as the presiding bishop, managing the church's finances and welfare programs. During his tenure, the church expanded its humanitarian efforts and accelerated a global temple building program for sacred ceremonies.
"With his appointment, he joins the order of succession to the church presidency, which is decided by seniority in the Quorum of the Twelve."
Financial Overview
While the church does not publicly disclose its financial details, recent documents from its investment division, Ensign Peak Advisors Inc., value its portfolio at $58 billion. The church’s diverse holdings include real estate, farms, publishing, life insurance, nonprofits, universities, a Polynesian cultural center in Hawaii, and an upscale shopping mall in Salt Lake City.
"Under his leadership, the church increased its humanitarian spending and dotted the globe with lavish temples where the faith’s most sacred ceremonies take place."
Summary
Gérald Caussé’s appointment strengthens the leadership of the LDS Church by combining financial acumen with spiritual responsibilities, crucial during a time of temple expansion and global growth.
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