IOL·3 min read·medium

UPDATE | Cabinet appoints new PIC board led by Seiso Mohai

S
Simon Majadibodu
UPDATE | Cabinet appoints new PIC board led by Seiso Mohai
AI Summary

The South African Cabinet has appointed Seiso Mohai to lead the Public Investment Corporation (PIC) board following the resignation of David Masondo. The move aims to stabilize the state-owned asset manager amid ongoing governance challenges and internal leadership conflicts.

Ask AI 1 min Deputy Minister in the Presidency for Planning, Monitoring and Evaluation Seiso Mohai has been appointed to lead the troubled Public Investment Corporation (PIC).

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UPDATE | Cabinet appoints new PIC board led by Seiso Mohai — Headlinne — headlinne