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Vatican bank names new president #Catholic The Institute for the Works of Religion (IOR), often referred to as the Vatican bank, has announced that Luxembourg banker François Pauly will succeed Jean-Baptiste Douville de Franssu as president of its Board of Superintendence.According to a March 25 press release, Pauly “has been elected as the next president of the Board of Superintendence” and will formally take office following the board meeting scheduled for April 28, when the institute’s 2025 financial statements are approved.De Franssu, who has led the IOR since July 9, 2014, will remain in office until that date, concluding a tenure marked by significant internal reform and efforts to rebuild the institution’s international credibility.The need for reform stemmed from years of scrutiny over the Vatican bank’s management, transparency, and anti-money-laundering controls. In the past, the institute faced damaged credibility amid concerns about oversight and compliance, prompting a long push to strengthen governance, tighten internal procedures, and bring its operations into line with international financial standards.The transition “follows a carefully managed succession process conducted over the past 12 months in close collaboration between the Board of Superintendence and the Commission of Cardinals, ensuring continuity in the governance of the Institute,” the IOR said.Pauly, a Luxembourg national, has served on the board since 2024. His appointment was approved Jan. 28 by the Commission of Cardinals following a proposal by the board in December 2025, in accordance with the institute’s statutes.He brings decades of experience in the financial sector, having begun his banking career in the late 1980s. He previously served as deputy chief executive officer of Dexia Crediop in Italy and later as CEO and chairman of Banque Internationale à Luxembourg from 2011 to 2016. He also served on the board of the Vatican Pension Fund from 2017 to 2021.Currently, Pauly is chairman of La Luxembourgeoise Group and a member of the Commission for Economic Affairs of the Archdiocese of Luxembourg, while also serving on the boards of several financial firms across Europe.In a statement, de Franssu reflected on his tenure, saying the institute had undergone “a profound structural transformation” that restored credibility and strengthened financial performance.“This process has enabled the institute to achieve strong international credibility and to deliver solid financial results,” he said, noting that reforms improved governance, transparency, and compliance with international anti-money laundering standards.Cardinal Giuseppe Petrocchi, president of the IOR’s Commission of Cardinals, expressed “deep gratitude” for de Franssu’s service and praised his “essential contribution” to the institute’s renewal.He also welcomed Pauly’s appointment, highlighting his “extensive professional experience” as key to consolidating recent progress and strengthening the institute’s ties with the global financial sector.“We hope that, under his leadership, the Board of Superintendence continues to effectively support the mission of the IOR in service of the universal Church,” Petrocchi said.The Commission of Cardinals will now appoint a new member of the Board of Superintendence to replace de Franssu, subject to regulatory approval.This story was first published by ACI Prensa, the Spanish-language sister service of EWTN News. It has been translated and adapted by EWTN News English.
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Vatican bank names new president #Catholic The Institute for the Works of Religion (IOR), often referred to as the Vatican bank, has announced that Luxembourg banker François Pauly will succeed Jean-Baptiste Douville de Franssu as president of its Board of Superintendence.According to a March 25 press release, Pauly “has been elected as the next president of the Board of Superintendence” and will formally take office following the board meeting scheduled for April 28, when the institute’s 2025 financial statements are approved.De Franssu, who has led the IOR since July 9, 2014, will remain in office until that date, concluding a tenure marked by significant internal reform and efforts to rebuild the institution’s international credibility.The need for reform stemmed from years of scrutiny over the Vatican bank’s management, transparency, and anti-money-laundering controls. In the past, the institute faced damaged credibility amid concerns about oversight and compliance, prompting a long push to strengthen governance, tighten internal procedures, and bring its operations into line with international financial standards.The transition “follows a carefully managed succession process conducted over the past 12 months in close collaboration between the Board of Superintendence and the Commission of Cardinals, ensuring continuity in the governance of the Institute,” the IOR said.Pauly, a Luxembourg national, has served on the board since 2024. His appointment was approved Jan. 28 by the Commission of Cardinals following a proposal by the board in December 2025, in accordance with the institute’s statutes.He brings decades of experience in the financial sector, having begun his banking career in the late 1980s. He previously served as deputy chief executive officer of Dexia Crediop in Italy and later as CEO and chairman of Banque Internationale à Luxembourg from 2011 to 2016. He also served on the board of the Vatican Pension Fund from 2017 to 2021.Currently, Pauly is chairman of La Luxembourgeoise Group and a member of the Commission for Economic Affairs of the Archdiocese of Luxembourg, while also serving on the boards of several financial firms across Europe.In a statement, de Franssu reflected on his tenure, saying the institute had undergone “a profound structural transformation” that restored credibility and strengthened financial performance.“This process has enabled the institute to achieve strong international credibility and to deliver solid financial results,” he said, noting that reforms improved governance, transparency, and compliance with international anti-money laundering standards.Cardinal Giuseppe Petrocchi, president of the IOR’s Commission of Cardinals, expressed “deep gratitude” for de Franssu’s service and praised his “essential contribution” to the institute’s renewal.He also welcomed Pauly’s appointment, highlighting his “extensive professional experience” as key to consolidating recent progress and strengthening the institute’s ties with the global financial sector.“We hope that, under his leadership, the Board of Superintendence continues to effectively support the mission of the IOR in service of the universal Church,” Petrocchi said.The Commission of Cardinals will now appoint a new member of the Board of Superintendence to replace de Franssu, subject to regulatory approval.This story was first published by ACI Prensa, the Spanish-language sister service of EWTN News. It has been translated and adapted by EWTN News English.

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François Pauly will succeed Jean-Baptiste de Franssu at helm of Institute for the Works of Religion.

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Pope names Spanish Augustinian as papal almoner #Catholic Pope Leo XIV has appointed Spanish Augustinian Archbishop Luis Marín de San Martín as papal almoner and prefect of the Dicastery for the Service of Charity.Cardinal Konrad Krajewski, who has led the office since 2022, will return to his native Poland as the new metropolitan archbishop of Łódź.Marín de San Martín, titular bishop of Suliana, became a more prominent figure in the Vatican during the Synod on Synodality, when Pope Francis named him undersecretary of the Synod of Bishops in 2021.He and Leo XIV, both Augustinians, have known each other for years. In 2008, when the current pontiff was serving as prior general of the Augustinian order, he asked Marín de San Martín to take charge of the order’s archive in Rome, where he has now served for 18 years.Born in Madrid in 1961, Marín de San Martín holds degrees in spiritual theology from the Pontifical Comillas University in Madrid and in dogmatic theology from the Pontifical Gregorian University in Rome. He also earned a doctorate in theology from Comillas with a dissertation on the ecclesiology of St. John XXIII and holds a diploma in archival studies.He served as provincial councilor of the Augustinian Province of Spain from 1999 to 2002 and was pastor of the parish of Santa Ana y la Esperanza in Madrid. Until 2008, he was prior of the Monastery of Santa María de la Vid in Burgos. He has also taught at the San Agustín Theological Center in El Escorial and at the Augustinian Theological Study Center in Valladolid.With extensive experience in lay pastoral ministry, he has served since 2008 as general archivist of the Order of St. Augustine and since 2013 as assistant general to the prior general of the order, as well as president of the Augustinian Spirituality Institute.The Apostolic Almonry, formally renamed the Dicastery for the Service of Charity under Pope Francis’ 2022 reform of the Roman Curia, is the Vatican office responsible for carrying out charitable works for the poor in the name of the Holy Father, especially in Rome and in conflict zones.The papal almoner is also delegated by the pope to grant apostolic blessings through parchment certificates. The office carries the dignity of archbishop and membership in the pontifical family, allowing participation in papal liturgies and official audiences.Krajewski, born in Łódź in 1963, entered the diocesan seminary there in 1982 and earned a theology degree from the John Paul II Catholic University of Lublin before being ordained a priest on June 11, 1988.He later earned a licentiate in liturgy from the Pontifical Liturgical Institute of Sant’Anselmo in Rome and a doctorate in theology with a specialization in liturgy from the Pontifical University of St. Thomas Aquinas, also in Rome. He also worked with the Office for the Liturgical Celebrations of the Supreme Pontiff.Over the years, he served as master of ceremonies to the metropolitan archbishop of Łódź, taught at the diocesan seminary and at Franciscan and Salesian seminaries in the archdiocese, and was a professor at the Warsaw academy.He also served as pontifical master of ceremonies in the Office for the Liturgical Celebrations of the Supreme Pontiff. In 2013, he was named papal almoner and titular archbishop, receiving episcopal ordination on Sept. 17 of that year.Pope Francis made him a cardinal in the June 28, 2018, consistory, assigning him the deaconry of Santa Maria Immacolata all’Esquilino. Since 2022, he has served as prefect of the Dicastery for the Service of Charity.This story was first published by EWTN’s Spanish-language news partner, ACI Prensa. It has been translated and adapted by EWTN News.
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Pope names Spanish Augustinian as papal almoner #Catholic Pope Leo XIV has appointed Spanish Augustinian Archbishop Luis Marín de San Martín as papal almoner and prefect of the Dicastery for the Service of Charity.Cardinal Konrad Krajewski, who has led the office since 2022, will return to his native Poland as the new metropolitan archbishop of Łódź.Marín de San Martín, titular bishop of Suliana, became a more prominent figure in the Vatican during the Synod on Synodality, when Pope Francis named him undersecretary of the Synod of Bishops in 2021.He and Leo XIV, both Augustinians, have known each other for years. In 2008, when the current pontiff was serving as prior general of the Augustinian order, he asked Marín de San Martín to take charge of the order’s archive in Rome, where he has now served for 18 years.Born in Madrid in 1961, Marín de San Martín holds degrees in spiritual theology from the Pontifical Comillas University in Madrid and in dogmatic theology from the Pontifical Gregorian University in Rome. He also earned a doctorate in theology from Comillas with a dissertation on the ecclesiology of St. John XXIII and holds a diploma in archival studies.He served as provincial councilor of the Augustinian Province of Spain from 1999 to 2002 and was pastor of the parish of Santa Ana y la Esperanza in Madrid. Until 2008, he was prior of the Monastery of Santa María de la Vid in Burgos. He has also taught at the San Agustín Theological Center in El Escorial and at the Augustinian Theological Study Center in Valladolid.With extensive experience in lay pastoral ministry, he has served since 2008 as general archivist of the Order of St. Augustine and since 2013 as assistant general to the prior general of the order, as well as president of the Augustinian Spirituality Institute.The Apostolic Almonry, formally renamed the Dicastery for the Service of Charity under Pope Francis’ 2022 reform of the Roman Curia, is the Vatican office responsible for carrying out charitable works for the poor in the name of the Holy Father, especially in Rome and in conflict zones.The papal almoner is also delegated by the pope to grant apostolic blessings through parchment certificates. The office carries the dignity of archbishop and membership in the pontifical family, allowing participation in papal liturgies and official audiences.Krajewski, born in Łódź in 1963, entered the diocesan seminary there in 1982 and earned a theology degree from the John Paul II Catholic University of Lublin before being ordained a priest on June 11, 1988.He later earned a licentiate in liturgy from the Pontifical Liturgical Institute of Sant’Anselmo in Rome and a doctorate in theology with a specialization in liturgy from the Pontifical University of St. Thomas Aquinas, also in Rome. He also worked with the Office for the Liturgical Celebrations of the Supreme Pontiff.Over the years, he served as master of ceremonies to the metropolitan archbishop of Łódź, taught at the diocesan seminary and at Franciscan and Salesian seminaries in the archdiocese, and was a professor at the Warsaw academy.He also served as pontifical master of ceremonies in the Office for the Liturgical Celebrations of the Supreme Pontiff. In 2013, he was named papal almoner and titular archbishop, receiving episcopal ordination on Sept. 17 of that year.Pope Francis made him a cardinal in the June 28, 2018, consistory, assigning him the deaconry of Santa Maria Immacolata all’Esquilino. Since 2022, he has served as prefect of the Dicastery for the Service of Charity.This story was first published by EWTN’s Spanish-language news partner, ACI Prensa. It has been translated and adapted by EWTN News.

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Archbishop Luis Marín de San Martín will succeed Cardinal Konrad Krajewski, who has been appointed metropolitan archbishop of Łódź, Poland.

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Picture of the day Church of El Salvador, Luesia, Zaragoza, Spain. The church is located in the highest area of the nucleus of the village of Luesia, next to the remains of the old medieval castle, to which it is historically and constructively associated. Its origin dates back to the end of the 11th century with the construction of the semicircular triple apse head with a double crypt at the bottom, while the body with three naves was built throughout the 12th century and the two portals on its southern fronts and occidental already respond to models from the beginning of the 13th century. The Romanesque building underwent a profound reform though in the mid-16th century. The main altarpiece is a Romanesque piece carved in wood; polychrome and gilt. The work is attributed to Gaspar Ramos, a sculptor from Sangüesa, who executed it around 1630. #ImageOfTheDay
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Picture of the day Church of El Salvador, Luesia, Zaragoza, Spain. The church is located in the highest area of the nucleus of the village of Luesia, next to the remains of the old medieval castle, to which it is historically and constructively associated. Its origin dates back to the end of the 11th century with the construction of the semicircular triple apse head with a double crypt at the bottom, while the body with three naves was built throughout the 12th century and the two portals on its southern fronts and occidental already respond to models from the beginning of the 13th century. The Romanesque building underwent a profound reform though in the mid-16th century. The main altarpiece is a Romanesque piece carved in wood; polychrome and gilt. The work is attributed to Gaspar Ramos, a sculptor from Sangüesa, who executed it around 1630. #ImageOfTheDay

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Picture of the day
Church of El Salvador, Luesia, Zaragoza, Spain. The church is located in the highest area of the nucleus of the village of Luesia, next to the remains of the old medieval castle, to which it is historically and constructively associated. Its origin dates back to the end of the 11th century with the construction of the semicircular triple apse head with a double crypt at the bottom, while the body with three naves was built throughout the 12th century and the two portals on its southern fronts and occidental already respond to models from the beginning of the 13th century. The Romanesque building underwent a profound reform though in the mid-16th century. The main altarpiece is a Romanesque piece carved in wood; polychrome and gilt. The work is attributed to Gaspar Ramos, a sculptor from Sangüesa, who executed it around 1630.
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