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David Masondo resigns as PIC chair to 'protect confidence' in R3.6 trillion asset manager

Deputy Finance Minister David Masondo resigns as chairperson of the Public Investment Corporation, citing the need to protect the institution's stability amidst a governance crisis involving CEO Patrick Dlamini and board resignations.

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David Masondo resigns as PIC chair to 'protect confidence' in R3.6 trillion asset manager

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engineeringnews.co.za1 mese fa

Masondo resigns as PIC chairperson

Deputy Finance Minister David Masondo has resigned as the chair of the board of directors of State-owned asset manager the Public Investment Corporation (PIC), he said on Thursday. The asset manager faces mounting…

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Timeline cronologica

martedì 21 luglio 2026·iol.co.za
PIC under pressure: Stability, process and public trust
The recent suspension of the PIC's CEO and the resignation of board members highlight significant governance issues within the Public Investment Corporation. This article explores…
mercoledì 22 luglio 2026·businessday.co.za
PIC crisis deepens as six directors join board exodus in a week
Fresh resignations leave company without stable leadership as governance battle escalates

David Masondo resigns as PIC chair to 'protect confidence' in R3.6 trillion asset manager

Confronto fonti

David Masondo resigns as PIC chair to 'protect confidence' in R3.6 trillion asset manager

Masondo resigns as PIC chairperson

Timeline cronologica

PIC under pressure: Stability, process and public trust

PIC crisis deepens as six directors join board exodus in a week

BREAKING: David Masondo resigns as PIC chair

Godongwana set to remove PIC chair – Report

Godongwana considers measures for stability at the PIC amid board exodus

BREAKING: David Masondo resigns as PIC chair

David Masondo resigns as PIC chair to 'protect confidence' in R3.6 trillion asset manager

Masondo resigns as PIC chairperson

EDITORIAL | Rethink how the PIC is governed

PIC chair David Masondo resigns ahead of planned board shake-up

Masondo's resignation prompts call for critical governance reforms at PIC

Finance Minister commends Dr David Masondo for stepping aside as PIC chairman