Monsignor Alfred Xuereb had been the deputy private secretary to Pope Benedict XVI and stayed on to become Francis' main aide when Benedict retired.
Today, the Vatican announced that Francis had named the Maltese Xuereb as the secretary-general of the Economy Secretariat headed by Australian Cardinal George Pell. The finance ministry was created last week in the first major overhaul of the Vatican's outdated and inefficient bureaucracy in a quarter-century.
Previously, Francis has placed trusted friends in powerful positions at the scandal-plagued Vatican bank and in other key Vatican offices, and recently elevated some longtime colleagues from Latin America as cardinals.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
