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Seiso Mohai is PIC's new chairperson
Seiso Mohai is PIC's new chairperson South Africa's government appointed a new chairperson at the State-owned fund manager that oversees $220-billion, seeking to restore confidence in an institution buffeted by years of governance scandals. Deputy Planning, Monitoring and Evaluation Minister Seiso Mohai will replace David Masondo as chairperson of the Public Investment Corp., Minister in the Presidency Khumbudzo Ntshavheni said at a briefing in Pretoria on Thursday. Masondo, the nation's deputy finance minister, resigned the post last week. The board appointments cap two weeks of management…
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