Gérald Caussé, 62, was appointed as the newest apostle of The Church of Jesus Christ of Latter-day Saints, joining the Quorum of the Twelve Apostles. This all-male governing body ranks just below the church president and his two top counselors, playing a key role in setting policy and managing the church’s business affairs.
A native of France, Caussé brings extensive experience managing the church’s significant finances. He notably oversaw a global temple building boom under the previous church president. Temples hold great importance as the locations for the faith’s most sacred ceremonies.
Though the church maintains secrecy about its finances, recent filings from its investment arm, Ensign Peak Advisors Inc., show a portfolio worth $58 billion. Caussé has defended this secrecy, stating in 2020:
“We really consider those funds as belonging to the Lord.”
Caussé’s appointment fills a vacancy left by the recent death of President Russell M. Nelson. The new church president, Dallin H. Oaks, a former Utah Supreme Court justice aged 93, was appointed last month.
Gérald Caussé’s appointment as apostle brings financial expertise and leadership to the LDS Church amid a period marked by extensive temple expansion and crucial governance transitions.