Banker associated with Rotschilds at the head of the Vatican Bank
François Pauly, Luxembourg manager and financier, remained appointed president of the Supervisory Board of the Institute of spiritual Works (IOR), colloquially referred to as the Vatican Bank. From 2021 – 2023 Pauly was CEO of Edmond de Rothschild. Ariane de Rothschild has been the head of this institution since 2015, about which business relations with Epstein were written media. From 2013 until his death in 2019, Epstein was to service as an unofficial advisor to this bank.
Member of the Supervisory Board of the Vatican Bank Pauly has been since 2024. His appointment as president of this institution was at the request of the Supervisory Board, then approved on 28 January 2026 by the Cardinals' Committee. Pauly will replace Jean-Baptiste Douville de Franssu in this position until the board gathering scheduled for 28 April 2026. At that time it is planned to approve the accounts of the Vatican Bank as at 31 December 2025.
The Vatican Bank press release highlights Paula's extended experience in the financial sector. According to the statement, he has already served as a associate of the Vatican Pension Fund Board of Directors (2017 – 2021) and is on the Committee on economical Archdiocese of Luxembourg.
Giuseppe Cardinal Petrocchi, president of the Committee of Cardinals of the Institute of spiritual Works (IOR), thanked the erstwhile president for his work in favour of the Vatican Bank, and Pauly commented as follows:
– We welcome the appointment of François Pauly as president of the Supervisory Board of the IOR for specified an crucial period for the improvement of the Institute. His engagement in the work of the Council, as well as his extended professional experience, is essential for consolidating the achievements to date and for strengthening the consensus and affirmative relations, both cultural and operational, which the Institute has developed in the financial sector. We hope that, under his leadership, the Supervisory Board will proceed to effectively support the IOR mission in the service of the universal Church.
The nomination of a Rothschild banker for specified an crucial position in the Vatican Bank is widely commented on social media, besides by Catholic clergy.
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