Santos Abril named head of cardinals group in Vatican Bank

VATICAN CITY
Gazzetta del Sud

Vatican City, March 4 – Members of the investigative Commission of Cardinals studying reforms of the Vatican Bank on Tuesday appointed Cardinal Santos Abril y Castello as group president. The commission members, appointed by the pope for five years, meet at least twice per year to approve business processes and strategies at the Vatican Bank, officially known as the Institute for Works of Religion (IOR). The present commission was appointed in January by Pope Francis in what was seen as a radical reshuffling of appointments originally made by his predecessor Benedict XVI. The new committee consists of Santos Abril, archpriest of the papal basilica of Saint Mary Major in Rome; Christoph Schoenborn, archbishop of Vienna; Thomas Christopher Collins, archbishop of Toronto; Jean-Louis Tauran, president of the Pontifical Council for Interfaith Dialogue; and Secretary of State Pietro Parolin.

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