The LDS Church’s New Apostle: Gérald Caussé
Gérald Caussé, a French native and longtime financial overseer of The Church of Jesus Christ of Latter-day Saints, was appointed as the church’s newest apostle on Thursday. At 62 years old, he joins the Quorum of the Twelve Apostles, an all-male governing body ranking just below the church president and his two top counselors.
Role and Responsibilities
Apostles play a crucial role in shaping church policy and managing its extensive business interests. Caussé is known for his deep understanding of the church’s vast finances, gained through many years of involvement in the temple-building expansion worldwide, where the faith holds its most sacred ceremonies.
Temple Boom and Financial Overview
- Caussé oversaw a global surge in temple construction under the previous church president.
- The church’s investment arm, Ensign Peak Advisors Inc., recently valued its portfolio at approximately $58 billion.
- Despite the church's general secrecy around financial details, Caussé has defended this stance, stating,
“We really consider those funds as belonging to the Lord.”
Appointment Context
Caussé fills a vacancy created by the recent passing of President Russell M. Nelson and follows the October appointment of President Dallin H. Oaks, a former Utah Supreme Court justice aged 93.
“We really consider those funds as belonging to the Lord.” — Gérald Caussé, 2020
Summary: Gérald Caussé’s appointment as an apostle brings financial expertise and leadership vital to continuing the LDS Church’s global temple growth and stewardship of its considerable resources.