The pope also reconfirmed eight existing members, including president Cardinal Reinhard Marx and vice coordinator Charlotte Kreuter-Kirchhof.
Pope Leo XIV on Aug. 11 named eight new members, including four laypeople, to the Council for the Economy, the body that oversees the administrative and financial structures and activities of the Roman Curia and institutions connected to the Holy See.
The council also approves the annual budget and the consolidated financial statements of the Holy See and submits them to the pope.
Members are appointed by the pope for a five-year term and, according to the constitution of the Roman Curia, are always divided between eight cardinals or bishops and seven expert laypeople chosen from diverse nationalities.
The new cardinals appointed to the council Aug. 11 are Grzegorz Ryś, archbishop of Krakow, Poland; Ladislav Nemet, SVD, archbishop of Belgrade, Serbia; Jean-Paul Vesco, OP, archbishop of Algiers, Algeria; and Roberto Repole, archbishop of Turin, Italy.
Among the laypeople, Pope Leo appointed H.S.H. Gisela Bergmann, princess of Liechtenstein and the daughter of H.S.H. Prince Michael of Liechtenstein. The 36-year-old holds a degree in engineering and has worked in various positions in investment banking and engineering in England, Canada, Singapore and Switzerland.
Since 2022, Bergmann has been CEO of Industrie-Und Finanzkontor, a financial company founded by the Princely Family of Liechtenstein.
Leo also appointed French businessman and philanthropist Denis Duverne, who has been chair of the board of directors of the French multinational insurance corporation AXA since 2016. He has a background in regulatory affairs in France and abroad.
The pope also appointed two Italians to the council. Elena Principato-Wettstein, an Italian currently based in Switzerland, is executive director and head of sales management WM Europe International at UBS, the Swiss multinational investment bank and financial services firm.
Paolo Nusiner, meanwhile, has had a long career managing Catholic institutions in Italy, including holding the top positions at the Catholic newspaper Avvenire and the Catholic University of the Sacred Heart in Milan.
He has been director for general affairs at the Vatican’s Dicastery for Communication since 2015, and president of the Isola Tiberina-Gemelli Isola Hospital in Rome since 2022.
Leo confirmed the following people, originally appointed by Pope Francis, for additional five-year terms: Cardinal Odilo Pedro Scherer, archbishop of São Paulo, Brazil; Cardinal Gérald Cyprien Lacroix, ISPX, archbishop of Québec, Canada, and primate of Canada; Cardinal Joseph William Tobin, CSSR., archbishop of Newark, New Jersey; Leslie Jane Ferrar, trustee of the Archdiocese of Westminster, Great Britain; Alberto Minali, chief executive officer of REVO Insurance; and Father Brian Edwin Ferme, a canon lawyer and secretary of the council.
Cardinal Reinhard Marx, who has led the council since it was established by Pope Francis in 2014, will also continue in his position, as will the council’s vice coordinator, the German legal scholar Charlotte Kreuter-Kirchhof.
According to the constitution of the Roman Curia, Praedicate Evangelium, the council “carries out its functions in the light of the social doctrine of the Church, following the best practices recognized internationally in the field of public administration and striving for an administrative and financial management that is both ethical and efficient.”
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“Pope Leo XIV appoints new members to Vatican’s Council for the Economy”
Did Jesus Christ command Peter, our first Pope, to establish a ‘Council for the Economy?’
It’s worth remembering Judas Iscariot served the Apostle’s treasurer and carried the glōssokomon.
And look how it turned out for him!
It’s also a caution about those see everything through the lens of a poverty relief NGO.
John 12 4:7
Then one of his disciples, Judas Iscariot, he that was about to betray him, said: 5Why was not this ointment sold for three hundred pence, and given to the poor? 6Now he said this, not because he cared for the poor; but because he was a thief, and having the purse, carried the things that were put therein. Jesus therefore said: Let her alone, that she may keep it against the day of my burial. 8For the poor you have always with you; but me you have not always.
Or 8.
It might also be worth remembering that the Apostles did not leave off all dealings with money after the Betrayal, but gave it into the charge of the first deacons, Sts. Stephen and Phillip among them.
The trouble with the Vatican is the rampant *mis*management of money, not the mere fact of having the task and appointing people to carry it out.
On the other hand, we also have this:
“Earthly progress must be carefully distinguished from the growth of Christ’s kingdom. Nevertheless, to the extent that the former can contribute to the better ordering of human society, it is of vital concern to the kingdom of God” [fn: Pius XI, Quadragesimo Anno, 1931, n. 207]” (Gaudium et Spes, 1965, n.39).
Those who reject this principle as part of the Church’s mission and CST are free to join the schismatic SSPX.
The SSPX is not schismatic, and if history illustrates anything, it is that progress does not exist, and only evil results from pursuing the fiction that it does exist.
“From each according to his ability to each according to his need,” right Leo?
Acts4:35
“and laid them down at the apostles’ feet. And distribution was made unto every man according as he had need.”, right Athanasius?
Communism is not voluntary. Every gift to the Apostles in the early Church was. Indeed, St. Peter’s response to Annas and Saphira’s lies was not to accuse them of theft, but of lying to the Holy Ghost.
“Anani′as, why has Satan filled your heart to lie to the Holy Spirit and to keep back part of the proceeds of the land? While it remained unsold, did it not remain your own? And after it was sold, was it not at your disposal?”
This was not “From each according to his ability”, but ‘From each according to his discernment’.
And that lasted how long?
And what does personal altruism have to do with tyrannical government extortion?
Correct troll, but we all know that that was a unique and temporary situation.
They should also include a few people without two nickels to rub together, for perspective.
Wishing all the members of the Council divine blessings in their services to the Church. God bless.