Abel sithole
PIC appoints Hako as COO, Van Heerden as chief risk officer
Van Heerden is currently the chief risk officer at the Absa Group and Hako previously acted as the PIC’s CEO.
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PIC expects to greatly benefit from new CEO Abel Sithole’s experience
Finance Minister Tito Mboweni announced Sithole’s appointment on Wednesday, who is now the first permanent CEO since Dan Matjila who resigned under a cloud in 2018.
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Govt expresses confidence in Abel Sithole as new PIC CEO
Sithole takes over as CEO after a difficult period at the state fund manager plagued by governance failures and maladministration.
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New PIC CEO Abel Sithole now tasked with turning entity around
The PICs credibility was shattered when its former CEO Dan Matjila was implicated in dodgy deals and corruption in the findings of the pic commission of inquiry earlier this year.
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GEPF satisfied with PIC's management of its assets, inquiry told
The Government Employee Pension Fund (GEPF)’s principal officer said the PIC had performed according to its mandate and delivered returns on investment.
