The next pope could be a Brazilian banker

Anderson Antunes – Forbes, 03/11/2013

As a conclave gathers to elect a new pope, many in the Catholic world and well beyond speculate about who will replace the now Pope Emeritus Benedict XVI, who abdicated the throne of St. Peter on February 11, the first papal resignation in almost 600 years. It is true that in the secretive world of the Vatican there is no way to know who is in the running, not to mention that history has yielded plenty of surprises, but there are a few names that have come up time and again as “papabile,” a term coined by Vaticanologists to describe the likely contenders to be elected pontiff. One of those names is that of Brazilian cardinal Odilo Scherer, Brazil‘s best hope to be the next pope.

At the relatively young age of 63, Scherer is known for enthusiastically embracing all new methods for reaching believers. He has appeared on Brazil’s most popular late-night talk-show. He is a prolific tweeter. He even prefers to squeeze into the busy and crowded subway of Sao Paulo, where he was appointed archbishop in 2007 and was named a cardinal later the same year, on his way to his morning commutes.

Scherer, who speaks Italian, German and Portuguese fluently and is proficient in English, French and Spanish, is also known as one of the “Vatican bankers,” a committee of cardinals who oversee the Istituto per la Opere di Religione (IOR), or the Institute for Works of Religion, commonly known as the Vatican Bank, as well as being a member of The Prefecture for Economic Affairs, which coordinates the finances of the Holy See. Scherer was a constant presence in Rome during the “Vatileaks” scandal, the leaking of Vatican documents allegedly exposing corruption and money laundering charges that cost the church millions in higher contract prices and cost Ettore Gotti Tedesche, the then-CEO of the IOR, his job.

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