Pope Leo XIV appoints new members to Vatican’s Council for the Economy

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…