The Public Investment Corporation has appointed CFO Batandwa Damoyi as acting CEO following Patrick Dlamini's precautionary suspension as governance concerns continue to dominate South Africa's largest asset manager.

Public Investment Corporation says precautionary suspension of Patrick Dlamini relates to allegations of impropriety by a whistleblower

Patrick Dlamini's precautionary suspension as CEO of the Public Investment Corporation raises critical questions about governance, accountability, and the institution's role in…