David Masondo resigns as PIC chair to ‘protect confidence’ in R3.6 trillion asset manager
African News Agency | 24.07.2026 04:15Deputy Finance Minister David Masondo has resigned as chairperson of the Public Investment Corporation (PIC) board, saying he was stepping down to protect the stability of the state asset manager and maintain confidence in the institution that oversees about R3.6 trillion in assets, primarily on behalf of government employees.
