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pope increases IOR board size

IOR board increases from five to six cardinal members

Redazione Ansa

(ANSA) - Vatican City, January 22 - Pope Francis has increased the size of the supervisory board managing the Institute of Religious Works (IOR), the formal name of the Vatican bank, from five to six cardinal members, officials said Thursday.
    The number of cardinals on the IOR's Vigilance Committee of cardinals also increases from five to six under the terms of a "rescriptum" or re-writing of the rules signed by the pontiff, Vatican sources said.
    The president of the Vigilance committee, Cardinal Santos Abril y Castello also has formalised the nomination of a non-voting secretary general for the supervisory board, IOR said in a statement.
    The changes took effect January 10. The Vatican Bank has been the subject of extensive efforts by the Argentinian pope to reform the finances of the Holy See.
   

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