The LDS Church’s New Apostle: Gérald Caussé
Gérald Caussé, a longtime leader in The Church of Jesus Christ of Latter-day Saints, has been appointed as the church’s newest apostle. His appointment follows the passing of President Russell Nelson and the October designation of President Dallin Oaks.
Role and Responsibilities
At 62, Caussé joins the Quorum of the Twelve Apostles, an all-male governing body that assists in setting church policy and managing its broad institutional interests. This position also places him in the line of succession to the church presidency, determined by seniority within the Quorum.
Background and Financial Leadership
A native of France, Caussé has served for the past decade as presiding bishop, managing the faith’s finances and worldwide welfare programs. During his tenure, the church saw a major expansion in temple construction and greater investment in humanitarian projects.
Under his leadership, the church increased its humanitarian spending and built temples across the world where its most sacred ceremonies are held.
The Church’s Financial Scale
Though the church does not publicly disclose its financial details, filings from its investment arm, Ensign Peak Advisors Inc., list assets valued at approximately $58 billion. The LDS Church’s commercial and nonprofit holdings include farms, real estate, publishing companies, universities, insurance firms, and cultural centers—among them, an open-air luxury mall in Salt Lake City and the Polynesian Cultural Center in Hawaii.
Caussé’s Appointment in Context
As the new apostle, Caussé’s extensive experience in financial stewardship and global outreach is expected to influence the next phase of the church’s growth and infrastructure development, particularly its ongoing temple expansion efforts.
Author’s summary: Gérald Caussé, a French church leader with deep financial expertise, assumes apostleship in the LDS Church, marking a new era in its global development.