THE LEX COLUMN: Troubled waters of corporate governance
A balancing force of management delegation is required to avoid future scandals
SA became the first country to protect the great white shark back in 1991. While the number of predators has diminished offshore, plenty can be found swimming on the JSE.
On Tuesday, insurer Old Mutual sacked its CEO, Peter Moyo, suspended since in May due to a conflict of interest regarding investments. His departure follows a spate of CEO scandals since early 2018.