The Vatican Bank has confirmed the appointment of former Rothschild director François Pauly as the next president of its Board of Superintendence.

The decision, approved by the Cardinals’ Commission in line with the institute’s statutes, will take effect after the board meeting scheduled for April 28, 2026, when the IOR’s financial statements as of December 31, 2025, are due to be approved. Pauly, who has served on the board since 2024, was proposed for the role on December 12, 2025, and received formal approval from the commission on January 28, 2026.