The AFC is now comprised of nine members, including incumbents, new members and returning members.
Guam - The Archdiocese of Agana today announced that they reconstituted the Archdiocesan Finance Council after several months of vacancies on the council, which will have the task of, among other things, evaluating the church's assets in preparation for potential litigation.
Father Jeff San Nicolas, the delegate to temporary archdiocese administrator Archbishop Savio Hon Tai Fai, called for a last minute news conference to announce the new members of the Archdiocesan Finance Council. The council is made up of incumbent members, new members and returning members.
Incumbent Peter Sonny Ada, president of Ada's Trust and investment;
incumbent Attorney John Weisenberger;
new member Attorney Eduardo "Champ" Calvo of Calvo Fisher and Jacob;
new member Rick Duenas of Western Sales and Trading;
new member Art Ilagan, insurnace commissioner of the Department of Revenue and Taxation;
new member Dr. Mary Okada, president of Guam Community College;
new member Toni Sanford president of Sanford Technology;
returning member Joseph Rivera, CFO of Calvo Enterprises; and
returning member Richard Untalan, president of CU Holdings.
"After careful consideration of the background and expertise of each of these individuals, I am confident, along with Archbishop Hon that this group will help move the archdiocese forward during this time in our church's history," stated San Nicolas.
San Nicolas says the members were chosen because of their background in business, finance, law, tax, insurance, banking, real property and institutional management. He also says that all members are active in the community and have served in a variety of non profit, government, educational and church leadership roles.
One of the council's main tasks will be to assess the church's assets and address potential lawsuits that may be brought forth as a result of the lifting of the civil statute of limitations on child sex abuse.
"As a diocese, we need to address that and we need to put in those controls and this council, we're hoping, will help us to do that," noted San Nicolas.
The council will carefully review financial matters for the church and assess their assets. We asked Father Jeff who the church is insured with.