The LDS Church Appoints Gérald Caussé as New Apostle
Gérald Caussé, a key figure in The Church of Jesus Christ of Latter-day Saints, was named the faith’s newest apostle on Thursday. He fills a vacancy following the death of President Russell Nelson and the October appointment of President Dallin Oaks.
Role and Responsibilities
At 62 years old, Caussé joins the all-male Quorum of the Twelve Apostles, a governing body just below the church’s president and his two counselors. Apostles shape church policy and oversee numerous business interests. His seniority in the Quorum places him in line for the church presidency succession.
Background and Contributions
Originally from France, Caussé spent the last decade as the presiding bishop, managing the church’s finances and welfare programs. Under his guidance, the church increased humanitarian spending and expanded its network of ornate temples worldwide, sites where the church’s most sacred ceremonies occur.
Financial Overview
While the church does not disclose its finances publicly, its investment arm Ensign Peak Advisors Inc. reported a portfolio valued at $58 billion in its latest filings.
Church Business Ventures
- Real estate holdings
- Farms
- Publishing
- Life insurance
- Nonprofits
- Universities
- Polynesian cultural center in Hawaii
- Upscale open-air mall in Salt Lake City
“Caussé brings an intimate knowledge of the church’s vast finances to the Quorum of the Twelve.”
His leadership represents both financial expertise and a central role in the church’s temple expansion.
Author's Summary
Gérald Caussé, with deep financial expertise and a key role in temple growth, joins the LDS Church’s top leadership as the newest apostle, influencing policy and succession.