PSA commends PIC Board for Dlamini’s precautionary suspension
The Public Servants Association (PSA) says the Public Investment Corporation (PIC) board’s decision to place Chief Executive Patrick Dlamini on precautionary suspension is a significant step toward restoring accountability.
The board says it is finalising interim arrangements for the appointment of an acting chief executive and will announce those arrangements in due course.
The PIC also announced that, following a resolution by its largest client, the Government Employees Pension Fund (GEPF), August van Heerden will cease serving as Acting Chief Investment Officer.
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