Maximino Caballero Ledo (C) Vatican News

Appointment of Secretary-General of Secretariat for Economy

Dr. Maximino Caballero Ledo

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Pope Francis has appointed Dr. Maximino Caballero Ledo as Secretary-General of the Secretariat for the Economy, the Vatican Announced on August 4, 2020.

Dr. Maximino Caballero Ledo, born on December 21, 1959, in Mérida, Spain. He obtained a degree in economics from the Autonomous University of Madrid and a master’s degree in business administration from the IESE Business School in Barcelona. He has worked for several Spanish and US companies (from 1986 until today). Since 2007 he has held various positions in the United States.

While in the United States, Caballero held various Finance positions at Baxter Healthcare, Inc., an international, publicly owned, medical products and services company, based in Deerfield, Illinois, with a portfolio of critical care, nutrition, renal, hospital, and surgical products, reported Vatican News.  His positions included Vice President of Finance for Latin America, Vice President of Finance International, and Vice President of Finance of the Americas, in addition to directing projects on a global level within the same company.

“The United States and Baxter have been my home for many years”, explains the new Secretary for the SPE to Vatican News. “Here I have had the opportunity both of growing professionally and of interacting with persons and projects coming from practically all over the world. My work has allowed me to know diverse cultures and has helped me understand the importance and the power of diversity. On a personal level, I admire the degree of involvement of Catholics in this country with the Church and their generosity in supporting their local parishes and their social works”.

Maximino Caballero and Father Juan Antonio Guerrero, current Prefect of the SPE, come from the same city and are childhood friends. “Father Guerrero and I grew up together”, Caballero confided to Vatican News, “our families have maintained our friendship throughout all my life, and we were very close until the end of University. From that time on, life brought each one of us on different paths, but without ever losing contact”.

“When Father Guerrero called me and proposed this project to me”, explains the new Secretary for the SPE, “a long list of reasons why I could not accept passed through my head: my family is established in the United States; I would have to temporarily leave my children, Sandra and Maxi, who are working there; my work; my home… However, my wife, Immaculada, and I knew from the first moment that God’s call comes in many different ways, and this was ours. Therefore, there was only one response: ‘fiat’ ”.

After handing in his resignation from his current position, the new General Secretary of the Holy See’s SPE and his wife will move to Rome within the next few days. Caballero will be active in his new position as of the second half of August.

“The thought is quite widespread that only priests and nuns matter in the Church and that the rest of us are only spectators. However, the lay faithful have a very important task to carry out within the Church. We are all members of the same body and we all have our mission. To collaborate with the Holy See”, Caballero concludes, “at the service of the Holy Father, is an honor and a great responsibility for me. My experience and my work are my ‘talents’, and I hope that with them I can do my part to collaborate in the economic transparency of the Holy See.

“I will face this new phase in our lives with humility and with gratitude to Father Guerrero for having proposed me as a candidate, and to the Holy Father for having placed his trust in me”.

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Jim Fair

Jim Fair is a husband, father, grandfather, writer, and communications consultant. He also likes playing the piano and fishing. He writes from the Chicago area.

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