New Mormon apostle led a global temple building boom and has deep knowledge of church finances

New Mormon Apostle Gérald Caussé Joins Quorum of the Twelve Apostles

Gérald Caussé, who managed the finances and global temple construction for The Church of Jesus Christ of Latter-day Saints, was appointed as the church’s newest apostle on Thursday. At 62 years old, Caussé joins the Quorum of the Twelve Apostles, an all-male governing body directly beneath the church president and his top counselors.

Role and Responsibilities

Apostles help shape church policies and supervise its extensive business ventures. Caussé’s appointment also places him in the line of succession for the church presidency, determined by seniority within the Quorum.

Background and Achievements

A French native, Caussé served as the presiding bishop for the last decade, overseeing the church’s finances and welfare programs. During his tenure, the church significantly increased humanitarian spending and expanded its network of ornate temples worldwide, where the faith's most sacred ceremonies occur.

Church Finances and Holdings

The Mormon church, as it is widely known, typically keeps its financial details private. However, recent filings from its investment arm, Ensign Peak Advisors Inc., showed a portfolio valued at $58 billion.

“Caussé brings to the panel an intimate knowledge of the church’s vast finances.”

His extensive understanding of church wealth and operations underscores his influential new role in guiding the faith’s direction.

Author's summary: Gérald Caussé, appointed as an LDS apostle, is pivotal in managing church finances and temple expansion, holding deep insight into the faith’s vast global operations.

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Orlando Sentinel Orlando Sentinel — 2025-11-07

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