The Public Investment Corporation (PIC), which has recently breached the R3-trillion assets under management (AUM) mark for the first time in its history, is searching for a new CEO with the incumbent Abel Sithole set to retire in July 2025.
David Masondo, who chairs the PIC, said the board had taken a decision to be proactive and give sufficient time to appoint a new CEO and to “ensure a seamless leadership transition at the PIC” — the largest investor on the JSE...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.