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Godongwana to appoint new board at PIC
Finance Minister Enoch Godongwana said on Friday he would appoint a new board for the Public Investment Corporation (PIC) after a series of board resignations at the state-owned asset manager. Eight board members, including Deputy Finance Minister David Masondo, who served as PIC board chair, have resigned, Godongwana said in a statement, with Masondo's departure on Thursday marking the latest exit.
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iol.co.za
Masondo's resignation prompts call for critical governance reforms at PIC
David Masondo's resignation as chairperson of the PIC sparks urgent calls for governance reforms, raising critical concerns about the management of South African pension funds.
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Finance Minister commends Dr David Masondo for stepping aside as PIC chairman
Finance Minister Enoch Godongwana praises Dr David Masondo for stepping aside as PIC chairman amidst governance challenges, highlighting the importance of stability in the…
