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Pope names all-new board to Vatican financial oversight agency

Catholic World News - June 05, 2014

Pope Francis has replaced the entire board of the Financial Information Authority (AIF), the agency established in 2010 to supervise all Vatican financial affairs.

Dismissing the five Italian members of the AIF board, who had been scheduled to serve until 2016, the Pontiff appointed four new members from four different countries. The housecleaning on the AIF board is seen as a new move to ensure accountability and guard against money-laundering, and to strengthen the hand of Rene Bruelhart, the financial expert who was named in 2012 as the agency’s director.

The four new board members are:

The new board members were all appointed to 5-year terms.

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