The Australian Cardinal's work didn't just involve Vatican finances, but he was also dedicated to the priestly formation of young men.
He was 81 years old and had served in the Council of Cardinals and the Secretariat for the Economy in the Vatican.
Cardinal Maradiaga is the coordinator of the Council of Cardinals.
In total, Pope Francis created 20 new cardinals, 16 under the age of 80 and thus eligible to vote a in a future Conclave.
