Gérald Caussé, a senior leader in The Church of Jesus Christ of Latter-day Saints who supervised the faith’s vast financial operations and global temple expansion, has been named the church’s newest apostle.
Caussé fills the position left vacant following the death of President Russell Nelson and the October appointment of President Dallin Oaks. At age 62, he now joins the Quorum of the Twelve Apostles, the church’s all-male governing body positioned directly beneath the president and his two counselors.
The apostles collectively help establish church policies and oversee its many enterprises. By joining the quorum, Caussé enters the line of succession to the presidency, which is determined by seniority among the Twelve Apostles.
A native of France, Caussé served during the past decade as the church’s presiding bishop. In that role, he directed the management of funds and welfare services, increased humanitarian projects, and led a surge in temple construction across the world.
“The church does not disclose or discuss its finances.”
However, filings from its investment firm, Ensign Peak Advisors Inc., recently valued its holdings at approximately $58 billion. Church-related enterprises span real estate, agriculture, publishing, education, life insurance, and nonprofit ventures, notably including a Polynesian cultural center in Hawaii and a high-end shopping complex in downtown Salt Lake City.
Caussé’s appointment signals continuity in the LDS Church’s leadership, uniting financial expertise with dedication to global expansion and humanitarian work.