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New members appointed to IOR Board of Superintendence

The interior of the the Institute for Works of Religion (IOR), commonly known as the Vatican Bank. - EPA

The interior of the the Institute for Works of Religion (IOR), commonly known as the Vatican Bank. - EPA

15/12/2016 14:37

(Vatican Radio) The Vatican on Thursday announced the Cardinals Commission of Vigilance of the Institute for Works of Religion (IOR), commonly known as the Vatican Bank, has appointed Mr. Scott C. Malpass, Javier Marín Romano and Georg Freiherr von Boeselager as members of the IOR Board of Superintendence, bringing the total number of members to seven.

Mr. Malpass, from the United States, has held various prestigious positions and has served for over 25 years as Chief Investment Officer for Notre Dame University in the United States, where he works in the field of investment in conformity with the social doctrine of the Church, and teaches courses in the field of investment research at the same University.

Mr. Marín, from Spain, enjoys a wealth of experience in banking and in particular has held various positions for Banco Santander, including Chief Executive Officer and as Head of the Private Banking, Asset Management and Insurance Division.

Mr. von Boeselager, of German nationality, has worked for many years in the private banking field and presently holds the position of Head of the Supervisory Board of Merck Finck & Privatbankiers AG, in Munich.

The three new members, each enjoying broad experience in the financial field, will meet together with the present members of the Board at their next meeting, scheduled for January, 2017.

15/12/2016 14:37