Former Absa CEO Maria Ramos stood out on the list of interim Public Investment Corporation (PIC) board members as finance minister Tito Mboweni named the 14-member team on Tuesday to supervise the asset manager rocked by corruption allegations.

The PIC, which has more than R2-trillion of public servants’ pension money under its custody and is the biggest investor in SA, lost its entire board earlier in 2019 as a growing number of its directors were ensnared in revelations of wrongdoing at a judicial inquiry headed by judge Lex Mpati.

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