PIC CEO Patrick Dlamini on precautionary suspension amid governance concerns

African News Agency | 14.07.2026 23:01
The PIC’s board also confirmed on Tuesday that following a resolution of the Government Employees Pension Fund (GEPF), the state-owned PIC’s biggest client, the board resolved that August Van Heerden would cease serving as Acting Chief Investment Officer of the PIC – the PIC was at pains to stress that Van Heerden was not suspended. The PIC had held a board meeting on Monday.