South Africa’s PIC appointed Seiso Mohai as board chair, stabilising leadership of the $200 billion fund after a governance crisis forced out his…
Africa · Southern
Key Facts
—The appointment. Deputy Minister Seiso Mohai is the new PIC board chair, replacing David Masondo.
—The fund. The PIC manages over R3.6 trillion ($200 billion) in public pension assets.
—The crisis. Six board members resigned after a whistleblower complaint and the CEO’s suspension.
This is the new PIC board
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Seiso Mohai takes over after governance turmoil triggered a board exodus
Deputy Minister in the Presidency for Planning, Monitoring and Evaluation Seiso Mohai has been appointed to lead the Public…
Deputy Minister in the Presidency for Planning, Monitoring and Evaluation Seiso Mohai has been appointed to lead the Public…
The Public Investment Corporation welcomes the appointment of a new board, led by Seiso Mohai, aimed at restoring governance and…
Seiso Mohai has been appointed as the chairperson of the Public Investment Corporation, taking over during a turbulent period for…
South Africa’s government appointed a new chairperson at the State-owned fund manager that oversees $220-billion, seeking to…
