The LDS Church’s New Apostle: Gérald Caussé
Gérald Caussé, a key figure in The Church of Jesus Christ of Latter-day Saints (LDS Church), was appointed as the faith's newest apostle on Thursday. At 62, he joins the Quorum of the Twelve Apostles, an all-male governing body positioned just below the church president and his two counselors.
Role and Responsibilities
Apostles influence church policy and oversee many of its business ventures. Caussé's appointment fills a vacancy created after the death of President Russell Nelson and the October appointment of President Dallin Oaks. By joining the Quorum of the Twelve, Caussé is now part of the line of succession to the church presidency, determined by seniority within the Quorum.
Background and Contributions
A native of France, Caussé served the past decade as the presiding bishop, managing the church’s finances and welfare programs. Under his leadership, the church expanded its humanitarian efforts and oversaw a global boom in temple construction—lavish buildings where sacred religious ceremonies occur.
Financial Overview
The church does not openly share details about its finances, but recent filings from its investment arm, Ensign Peak Advisors Inc., show a portfolio valued at $58 billion.
Business Interests
- Real estate and farms
- Publishing and life insurance
- Nonprofits and universities
- Polynesian Cultural Center in Hawaii
- Upscale open-air shopping mall in Salt Lake City
"Apostles help set church policy while overseeing the faith’s many business interests."
"Under his leadership, the church increased its humanitarian spending and dotted the globe with lavish temples where the faith’s most sacred ceremonies take place."
Gérald Caussé’s financial expertise comes at a pivotal time, strengthening the church’s leadership amid its global expansion and complex business operations.