UPDATE: Complete list of new PIC board
National Treasury has reissued a statement on the PIC board appointments, as the previous statement had erroneously left out the name of one of the board members.
On Wednesday Treasury announced that Finance Minister Tito Mboweni had appointed an interim board of directors at the state asset manager, which oversees R2trn in funds.
Among those named include former Absa CEO Maria Ramos.
According to an updated statement from Treasury, the list excluded the name of non-executive director Mugwena Maluleke.
The full list of board members includes:
Ms Sindi Mabaso – Koyana
Ms Irene Charnley
Ms Tshepiso Moahloli
Ms Maria Ramos
Ms Barbara Watson
Mr Ivan Fredericks
Mr Zola Saphetha
Mr Bhekithemba Gamedze
Dr Angelo David Sabelo de Bruin
Prof Bonke Dumisa
Advocate Makhubalo Ndaba
Dr Reuel Khoza
Mr Mugwena Maluleke
Reappointed PIC board members include Mr Pitsi Moloto Dr Xolani Mkhwanazi.