Vatican City, 18 November, 2019 / 11:48 am (ACI Africa).
The Vatican announced Monday that René Brüelhart, president of the Vatican’s Financial Information Authority (AIF) has ended a five-year term and Pope Francis has chosen his successor.
Brüelhart told Reuters Nov. 18, that he resigned from the position, which has no official term limits.
According to the statement from the Holy See press office Nov. 18, Brüelhart’s successor will be announced after the conclusion of Pope Francis’ trip to Thailand and Japan Nov. 20-26.
The delay in the nomination is “necessary for the respect of previous official commitments of the person concerned and the resolution of some internal procedures of the Holy See,” Holy See press office director, Matteo Bruni, said in a separate statement.
The AIF was established by Benedict XVI in 2010 to oversee suspicious financial transactions; it is charged with ensuring that Vatican banking policies comply with international financial standards.