LDS Church Appoints Apostle Expert in Financial Affairs
Gérald Caussé, a French church leader, has been appointed as the newest apostle of The Church of Jesus Christ of Latter-day Saints. This announcement came on Thursday, marking an important moment for the church and its European representation. As the church’s 15th Presiding Bishop, he has overseen various aspects of its financial operations since October 2015.
Background of Gérald Caussé
Born in Bordeaux, France, Caussé is 62 years old. He is notable for being the third presiding bishop from outside the United States and the first apostle for whom English is a second language. His leadership is crucial during a time of increasing scrutiny regarding the church’s financial practices.
Role and Responsibilities
Caussé’s experience includes managing the church’s real estate, financial, investment, and humanitarian efforts. He is recognized for his deep commitment to sustainable practices and Earth stewardship. In a recent announcement, he emphasized the importance of Jesus Christ in his life. Caussé stated, “I know Jesus Christ lives. And I know he’s our Savior and Redeemer.”
Financial Oversight
- Oversees the church’s extensive financial portfolio.
- Ensign Peak Advisors manages $58.4 billion in U.S. stocks and bonds as of June 2023.
- Total investments for the church are estimated at about $206 billion.
Under Caussé’s stewardship, reports suggest the church could be valued at $1 trillion by 2040. He has stressed that this financial growth is supported by the faithful contributions of church members, who practice financial prudence.
Sustainability Initiatives
Caussé has also set out six major sustainability goals. These include:
- Utilizing renewable resources
- Conserving water
- Avoiding material waste
- Improving air quality
- Implementing sustainable design
- Engaging in sustainable farming
He addressed these priorities during a conference in Brazil, advocating for a commitment to environmental stewardship. In previous addresses, Caussé has urged church members to respect and care for the planet as part of their religious duty.
Professional History
Before his ecclesiastical leadership, Caussé worked in the food industry. He served as the general manager of Pomona, a major food distribution company in France, contributing valuable experience to his current role in the church.
As he steps into this new role, Gérald Caussé brings with him a vision for the church’s future growth and sustainability initiatives, emphasizing the collective responsibility of its members in fostering a better world.
