reform

Pope Leo XIV: Vatican diplomats must be bridges and channels of peace #Catholic Pope Leo XIV on Monday outlined the qualities needed in priests who serve as Vatican diplomats, describing their work as a unique ministry that serves not only Catholics but also the entire human family in individual nations and international organizations.The pope made the remarks April 27 during a visit to the Pontifical Ecclesiastical Academy, the Holy See’s school for training diplomats, on the occasion of the 325th anniversary of its founding.Leo recalled that a few years earlier, while serving as prefect of the Dicastery for Bishops, he had visited the academy and reflected on “the essential mission carried out by the alma mater of the pontifical diplomats.”“Today, almost a year after the start of my Petrine ministry, accompanied by the diligent commitment of the Secretariat of State and the pontifical representations,” he said, “I therefore look with deep gratitude upon the history of dedication and service that this joyful anniversary celebrates.”That history, the pope said, rooted in the very Catholicity of the Church, has included an unbroken chain of priests from various parts of the world who have contributed “with their humble efforts to the building of that unity in Christ which, amid the diversity of origins, makes communion a fundamental characteristic of the diplomatic service of the Holy See.”Referring to reforms made to the academy by Pope Francis in March 2025, Leo said the most important reform required of those entering the community is “a constant exercise in conversion, aimed at cultivating ‘closeness, attentive listening, witness, a fraternal approach, and dialogue … combined with humility and meekness.’”The pope said the gathering was an opportunity to outline some characteristics of the pontifical diplomatic priest, who participates in the ministry of the successor of Peter and serves peace, truth, and justice.The Vatican diplomat, he said, “must be, first of all, a messenger of the paschal proclamation ‘Peace be with you!’”“Even when the hopes for dialogue and reconciliation seem to vanish and peace ‘as the world gives it’ is trampled upon and put to the test,” Leo said, “you are called to continue to bring the word of the risen Christ to all. ‘Peace I leave with you; my peace I give to you.’”Before trying to build peace “with our own meager strength,” the pope said, the mission of pontifical diplomats calls them to be bridges and channels for it, “so that the grace that comes from heaven may find its way through the vicissitudes of history.”Leo also said the papal diplomat, working in different cultural settings and international organizations, “is specifically assigned to bear witness to the truth that is Christ.”Such a diplomat, he said, must bring Christ’s message to the forum of nations and become “a sign of his love for that portion of humanity entrusted to his mission as a shepherd, even before that of a diplomat.”The pope also stressed the importance of clear language in diplomacy, citing his January address to the diplomatic corps accredited to the Holy See in which he said it is urgently necessary that “words once again … express distinct and clear realities unequivocally,” because “only in this way can authentic dialogue resume without misunderstandings.”“For this reason, too,” he told the students, “it is important that you bring to the world the Word of Life, who revealed himself not through the affirmation of abstract principles and ideas but by becoming flesh.”Leo reminded the academy’s students that they are preparing for a ministry “which is not limited to safeguarding the good of the Catholic community but extends to the entire human family living in a particular nation or participating in the work of various international organizations.”This, he said, requires them “to be promoters of all forms of justice that help to recognize, rebuild, and protect the image of God imprinted in every person.”“In the defense of human rights — among which the rights to religious freedom and to life are prominent — I therefore urge you to continue to show the way, not toward confrontation and demands but toward the protection of human dignity, the development of peoples and communities, and the promotion of international cooperation,” he said. “These are the only means that allow us to embark on authentic paths of peace.”The pope acknowledged that in a world marked by tensions, where conflict can appear to be the only way to address needs and demands, efforts at dialogue, listening, and reconciliation may seem insufficient, at times even futile.“This must not discourage us!” he said. “Let us continue to invoke with confidence the gift of Christ’s peace, without fear.”He assured the superiors and students that their ministry, at any time and in any place, will be “an instrument for promoting and safeguarding the dignity of every man and woman, created in the image and likeness of God, and for advancing the common good.”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.

Pope Leo XIV: Vatican diplomats must be bridges and channels of peace #Catholic Pope Leo XIV on Monday outlined the qualities needed in priests who serve as Vatican diplomats, describing their work as a unique ministry that serves not only Catholics but also the entire human family in individual nations and international organizations.The pope made the remarks April 27 during a visit to the Pontifical Ecclesiastical Academy, the Holy See’s school for training diplomats, on the occasion of the 325th anniversary of its founding.Leo recalled that a few years earlier, while serving as prefect of the Dicastery for Bishops, he had visited the academy and reflected on “the essential mission carried out by the alma mater of the pontifical diplomats.”“Today, almost a year after the start of my Petrine ministry, accompanied by the diligent commitment of the Secretariat of State and the pontifical representations,” he said, “I therefore look with deep gratitude upon the history of dedication and service that this joyful anniversary celebrates.”That history, the pope said, rooted in the very Catholicity of the Church, has included an unbroken chain of priests from various parts of the world who have contributed “with their humble efforts to the building of that unity in Christ which, amid the diversity of origins, makes communion a fundamental characteristic of the diplomatic service of the Holy See.”Referring to reforms made to the academy by Pope Francis in March 2025, Leo said the most important reform required of those entering the community is “a constant exercise in conversion, aimed at cultivating ‘closeness, attentive listening, witness, a fraternal approach, and dialogue … combined with humility and meekness.’”The pope said the gathering was an opportunity to outline some characteristics of the pontifical diplomatic priest, who participates in the ministry of the successor of Peter and serves peace, truth, and justice.The Vatican diplomat, he said, “must be, first of all, a messenger of the paschal proclamation ‘Peace be with you!’”“Even when the hopes for dialogue and reconciliation seem to vanish and peace ‘as the world gives it’ is trampled upon and put to the test,” Leo said, “you are called to continue to bring the word of the risen Christ to all. ‘Peace I leave with you; my peace I give to you.’”Before trying to build peace “with our own meager strength,” the pope said, the mission of pontifical diplomats calls them to be bridges and channels for it, “so that the grace that comes from heaven may find its way through the vicissitudes of history.”Leo also said the papal diplomat, working in different cultural settings and international organizations, “is specifically assigned to bear witness to the truth that is Christ.”Such a diplomat, he said, must bring Christ’s message to the forum of nations and become “a sign of his love for that portion of humanity entrusted to his mission as a shepherd, even before that of a diplomat.”The pope also stressed the importance of clear language in diplomacy, citing his January address to the diplomatic corps accredited to the Holy See in which he said it is urgently necessary that “words once again … express distinct and clear realities unequivocally,” because “only in this way can authentic dialogue resume without misunderstandings.”“For this reason, too,” he told the students, “it is important that you bring to the world the Word of Life, who revealed himself not through the affirmation of abstract principles and ideas but by becoming flesh.”Leo reminded the academy’s students that they are preparing for a ministry “which is not limited to safeguarding the good of the Catholic community but extends to the entire human family living in a particular nation or participating in the work of various international organizations.”This, he said, requires them “to be promoters of all forms of justice that help to recognize, rebuild, and protect the image of God imprinted in every person.”“In the defense of human rights — among which the rights to religious freedom and to life are prominent — I therefore urge you to continue to show the way, not toward confrontation and demands but toward the protection of human dignity, the development of peoples and communities, and the promotion of international cooperation,” he said. “These are the only means that allow us to embark on authentic paths of peace.”The pope acknowledged that in a world marked by tensions, where conflict can appear to be the only way to address needs and demands, efforts at dialogue, listening, and reconciliation may seem insufficient, at times even futile.“This must not discourage us!” he said. “Let us continue to invoke with confidence the gift of Christ’s peace, without fear.”He assured the superiors and students that their ministry, at any time and in any place, will be “an instrument for promoting and safeguarding the dignity of every man and woman, created in the image and likeness of God, and for advancing the common good.”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.

The pontiff said the Holy See’s diplomatic service is a unique ministry rooted in peace, truth, and justice and directed not only to Catholics but also to the entire human family.

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Pope Leo XIV in Algeria: Where there is conflict the Church brings reconciliation #Catholic ANNABA, Algeria — Pope Leo XIV concluded his visit to the land of St. Augustine by celebrating Mass at the Basilica of St. Augustine in Annaba, where he said the Church is continually reborn when it brings hope to the despairing, dignity to the poor, and reconciliation where there is conflict.The basilica, dedicated to the bishop of ancient Hippo, was built between 1881 and 1907 at the initiative of Algiers Archbishop Charles-Martial-Allemand Lavigerie and was elevated to the rank of minor basilica on April 24, 1914, by Pope Pius X. Restoration work was completed in 2013, with support that included a personal donation from Pope Benedict XVI.In his homily, the pope reflected on the Gospel account of Jesus’ nighttime encounter with Nicodemus, presenting it as a summons to renewal for the whole Church and especially for Algeria’s Christian community.“Today we listen to the Gospel, the good news for all time, in this basilica in Annaba dedicated to St. Augustine, bishop of the ancient city of Hippo,” the pope said. “Over the centuries, the names of the places that welcome us have changed, but the saints continue to serve as our patrons and faithful witnesses of a connection to the land that comes from heaven.”Leo said Jesus’ words to Nicodemus — “You must be born from above” — are not a burden but an invitation to freedom and new life in God.“Such is the invitation for every man and woman who seeks salvation!” he said. “Jesus’ invitation gives rise to the mission of the whole Church, and consequently to the Christian community in Algeria: to be born again from above, that is, from God. In this perspective, faith overcomes earthly hardships and the Lord’s grace makes the desert blossom.”The pope acknowledged that Christ’s command can sound impossible at first but said it reveals God’s power to renew human life.“On the contrary, the obligation expressed by Jesus is a gift of freedom for us, because it reveals an unexpected possibility: We can be born anew from above thanks to God,” Leo said. “We should do so, then, according to his loving will, which desires to renew humanity by calling us to a communion of life that begins with faith. While Christ invites us to renew our lives completely, he also gives us the strength to do so.”He then asked whether life can truly begin again and answered with hope rooted in the cross and Resurrection.“Yes! The Lord’s response, so full of love, fills our hearts with hope,” the pope said. “No matter how weighed down we are by pain or sin: The crucified One carries all these burdens with us and for us. No matter how discouraged we are by our own weaknesses: It is precisely then that God manifests his strength, the God who has raised Christ from the dead in order to give life to the world.”“Each one of us can experience the freedom of new life that comes from faith in the Redeemer,” he added. “Once again, St. Augustine offers us an example of this: We revere him for his conversion even more than for his wisdom.”Turning to the Acts of the Apostles, Leo said the life of the early Church remains the model for genuine ecclesial reform.“Even today, we must embrace this apostolic rule and put it into practice, meditating on it as an authentic criterion for ecclesial reform: a reform that must begin in the heart, if it is to be genuine, and must encompass everyone if it is to be effective,” he said.The pope said the first Christian community was not founded on a merely human agreement but on communion in Christ.“The early Church, therefore, was not based on a social contract but rather on the harmony of faith, affections, ideas, and life decisions centered on the love of God who became man to save all the peoples of the earth,” he said.That unity, he said, must bear fruit in charity, especially amid poverty and oppression.“Therefore, in the face of poverty and oppression, the guiding principle above all for Christians is charity: Let us do to those around us, as we would have them do to us,” Leo said. “Inspired by this law, inscribed in our hearts by God, the Church is continually reborn, for where there is despair she kindles hope, where there is misery she brings dignity, and where there is conflict she brings reconciliation.”Addressing bishops and priests, the pope said pastors are called above all to bear witness to God without fear or compromise.“The primary task of pastors as ministers of the Gospel is therefore to bear witness to God before the world with one heart and one soul, not permitting our concerns to lead us astray through fear, nor trends to undermine us through compromise,” he said.“Together with you, brothers in the episcopate and the priesthood, let us constantly renew this mission for the sake of those entrusted to us, so that through her service, the whole Church may be a message of new life for those we encounter,” he added.In his closing appeal, Leo addressed Algeria’s Christians directly, praising their fidelity and urging them to continue witnessing to the Gospel in ordinary life.“Dearest Christians of Algeria, you remain a humble and faithful sign of Christ’s love in this land,” he said. “Bear witness to the Gospel through simple gestures, genuine relationships, and a dialogue lived out day by day: In this way, you bring flavor and light to the places where you live.”He also praised their perseverance through hardship and invoked the example of the martyrs and of St. Augustine.“Your history is one of generous hospitality and resilience in times of trial,” the pope said. “Here the martyrs prayed; here St. Augustine loved his flock, fervently seeking the truth and serving Christ with ardent faith. Be heirs to this tradition, bearing witness through fraternal charity to the freedom of those born from above as a hope of salvation for the world.”Several cardinals concelebrated the Mass with the pope, including Cardinal Jean-Paul Vesco, archbishop of Algiers; Cardinal Cristóbal López Romero, archbishop of Rabat; and curial cardinals Pietro Parolin, George Koovakad, Luis Antonio Tagle, Peter Turkson, and Robert Sarah. Also among the concelebrants were Archbishop Paul Gallagher and Father Joseph Farrell, prior general of the Augustinians.Before the Mass, the pope visited the Augustinian community house and later had lunch with his confreres.At the end of the celebration, Bishop Michel Jean-Paul Guillaud of Constantine offered words of thanks to the pope.“Holy Father, your visit to this place, a source of your Augustinian roots, was brief, but it was an encouragement for us,” Guillaud said. “First of all, it strengthened our Christian community in its faith and in its trust in the goodwill and respect of the Algerian people. We could not have welcomed you without the support and active collaboration of the authorities and the joyful hospitality of our Algerian brothers and sisters.”The exchange of gifts followed: The pope received a ceramic work made by an Algerian artist, and he in turn gave a chalice.Leo then offered brief words of thanks of his own.“This journey has been for me a particular gift of God’s providence, a gift that the Lord has wished to make to the whole Church,” the pope said. “And it seems to me that I can sum it up this way: God is love; he is the Father of all men and women. Let us return to God with humility…”He continued: “We acknowledge that the current situation of the world is caught in a negative spiral that ultimately depends on our pride. We need him, we need his mercy, because only in him is the peace of the human heart found, and with him we will all be able to live together.”This story was first published by ACI Stampa, the Italian-language sister service of EWTN News. It has been translated and adapted by EWTN News English.

Pope Leo XIV in Algeria: Where there is conflict the Church brings reconciliation #Catholic ANNABA, Algeria — Pope Leo XIV concluded his visit to the land of St. Augustine by celebrating Mass at the Basilica of St. Augustine in Annaba, where he said the Church is continually reborn when it brings hope to the despairing, dignity to the poor, and reconciliation where there is conflict.The basilica, dedicated to the bishop of ancient Hippo, was built between 1881 and 1907 at the initiative of Algiers Archbishop Charles-Martial-Allemand Lavigerie and was elevated to the rank of minor basilica on April 24, 1914, by Pope Pius X. Restoration work was completed in 2013, with support that included a personal donation from Pope Benedict XVI.In his homily, the pope reflected on the Gospel account of Jesus’ nighttime encounter with Nicodemus, presenting it as a summons to renewal for the whole Church and especially for Algeria’s Christian community.“Today we listen to the Gospel, the good news for all time, in this basilica in Annaba dedicated to St. Augustine, bishop of the ancient city of Hippo,” the pope said. “Over the centuries, the names of the places that welcome us have changed, but the saints continue to serve as our patrons and faithful witnesses of a connection to the land that comes from heaven.”Leo said Jesus’ words to Nicodemus — “You must be born from above” — are not a burden but an invitation to freedom and new life in God.“Such is the invitation for every man and woman who seeks salvation!” he said. “Jesus’ invitation gives rise to the mission of the whole Church, and consequently to the Christian community in Algeria: to be born again from above, that is, from God. In this perspective, faith overcomes earthly hardships and the Lord’s grace makes the desert blossom.”The pope acknowledged that Christ’s command can sound impossible at first but said it reveals God’s power to renew human life.“On the contrary, the obligation expressed by Jesus is a gift of freedom for us, because it reveals an unexpected possibility: We can be born anew from above thanks to God,” Leo said. “We should do so, then, according to his loving will, which desires to renew humanity by calling us to a communion of life that begins with faith. While Christ invites us to renew our lives completely, he also gives us the strength to do so.”He then asked whether life can truly begin again and answered with hope rooted in the cross and Resurrection.“Yes! The Lord’s response, so full of love, fills our hearts with hope,” the pope said. “No matter how weighed down we are by pain or sin: The crucified One carries all these burdens with us and for us. No matter how discouraged we are by our own weaknesses: It is precisely then that God manifests his strength, the God who has raised Christ from the dead in order to give life to the world.”“Each one of us can experience the freedom of new life that comes from faith in the Redeemer,” he added. “Once again, St. Augustine offers us an example of this: We revere him for his conversion even more than for his wisdom.”Turning to the Acts of the Apostles, Leo said the life of the early Church remains the model for genuine ecclesial reform.“Even today, we must embrace this apostolic rule and put it into practice, meditating on it as an authentic criterion for ecclesial reform: a reform that must begin in the heart, if it is to be genuine, and must encompass everyone if it is to be effective,” he said.The pope said the first Christian community was not founded on a merely human agreement but on communion in Christ.“The early Church, therefore, was not based on a social contract but rather on the harmony of faith, affections, ideas, and life decisions centered on the love of God who became man to save all the peoples of the earth,” he said.That unity, he said, must bear fruit in charity, especially amid poverty and oppression.“Therefore, in the face of poverty and oppression, the guiding principle above all for Christians is charity: Let us do to those around us, as we would have them do to us,” Leo said. “Inspired by this law, inscribed in our hearts by God, the Church is continually reborn, for where there is despair she kindles hope, where there is misery she brings dignity, and where there is conflict she brings reconciliation.”Addressing bishops and priests, the pope said pastors are called above all to bear witness to God without fear or compromise.“The primary task of pastors as ministers of the Gospel is therefore to bear witness to God before the world with one heart and one soul, not permitting our concerns to lead us astray through fear, nor trends to undermine us through compromise,” he said.“Together with you, brothers in the episcopate and the priesthood, let us constantly renew this mission for the sake of those entrusted to us, so that through her service, the whole Church may be a message of new life for those we encounter,” he added.In his closing appeal, Leo addressed Algeria’s Christians directly, praising their fidelity and urging them to continue witnessing to the Gospel in ordinary life.“Dearest Christians of Algeria, you remain a humble and faithful sign of Christ’s love in this land,” he said. “Bear witness to the Gospel through simple gestures, genuine relationships, and a dialogue lived out day by day: In this way, you bring flavor and light to the places where you live.”He also praised their perseverance through hardship and invoked the example of the martyrs and of St. Augustine.“Your history is one of generous hospitality and resilience in times of trial,” the pope said. “Here the martyrs prayed; here St. Augustine loved his flock, fervently seeking the truth and serving Christ with ardent faith. Be heirs to this tradition, bearing witness through fraternal charity to the freedom of those born from above as a hope of salvation for the world.”Several cardinals concelebrated the Mass with the pope, including Cardinal Jean-Paul Vesco, archbishop of Algiers; Cardinal Cristóbal López Romero, archbishop of Rabat; and curial cardinals Pietro Parolin, George Koovakad, Luis Antonio Tagle, Peter Turkson, and Robert Sarah. Also among the concelebrants were Archbishop Paul Gallagher and Father Joseph Farrell, prior general of the Augustinians.Before the Mass, the pope visited the Augustinian community house and later had lunch with his confreres.At the end of the celebration, Bishop Michel Jean-Paul Guillaud of Constantine offered words of thanks to the pope.“Holy Father, your visit to this place, a source of your Augustinian roots, was brief, but it was an encouragement for us,” Guillaud said. “First of all, it strengthened our Christian community in its faith and in its trust in the goodwill and respect of the Algerian people. We could not have welcomed you without the support and active collaboration of the authorities and the joyful hospitality of our Algerian brothers and sisters.”The exchange of gifts followed: The pope received a ceramic work made by an Algerian artist, and he in turn gave a chalice.Leo then offered brief words of thanks of his own.“This journey has been for me a particular gift of God’s providence, a gift that the Lord has wished to make to the whole Church,” the pope said. “And it seems to me that I can sum it up this way: God is love; he is the Father of all men and women. Let us return to God with humility…”He continued: “We acknowledge that the current situation of the world is caught in a negative spiral that ultimately depends on our pride. We need him, we need his mercy, because only in him is the peace of the human heart found, and with him we will all be able to live together.”This story was first published by ACI Stampa, the Italian-language sister service of EWTN News. It has been translated and adapted by EWTN News English.

At the Basilica of St. Augustine, the pontiff urged Christians to bear witness through “simple gestures, genuine relationships and a dialogue lived out day by day.”

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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.

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.

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

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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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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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