Cate Blanchett Will Be President of the Jury at Cannes Film Festival 2018!

Cate Blanchett just added an impressive new title to her name: president!

The 48-year-old Carol actress and director will preside over the jury for the 71st edition of the Cannes Film Festival.

PHOTOS: Check out the latest pics of Cate Blanchett

The honor was previously held by Pedro Almodovar during the 2017 festival, where the Palme d’or was given to The Square by Swedish director Ruben Östlund.

“I have been to Cannes in many guises over the years; as an actress, producer, in the marketplace, the Gala-sphere and in Competition but never solely for the sheer pleasure of watching the cornucopia of films this great festival harbours,” Cate said in a statement.

This year’s festival begins on May 8, 2018.