Vatican City, Jun 26, 2018 / 05:27 am (CNA/EWTN News).- The Vatican announced Tuesday that Pope Francis has accepted the retirement of Cardinal Domenico Calcagno as head of the body managing the Vatican's assets and real estate holdings, appointing Italian Bishop Nunzio Galantino to take his place.

Calcagno, who turned 75 in February, was appointed APSA's secretary by Benedict XVI in 2007, and was later named its president by Pope Francis in 2011.