PIC_Public Investment Corporation
PRETORIA - The Public Investment Corporation (PIC) has appointed Batandwa Damoyi as Acting Chief Executive Officer (CEO).
This is with immediate effect.
Damoyi's appointment follows the precautionary suspension of Patrick Dlamini as the CEO.
"The Board believes Ms. Damoyi’s appointment will ensure continuity of leadership and the uninterrupted execution of the PIC’s mandate, while the relevant internal processes are underway," the PIC said in a statement.
"Ms. Damoyi is a Chartered Accountant (CA) (SA) with more than 17 years of executive leadership experience in financial management, governance, and strategic leadership across the public and private sectors. Since joining the PIC as CFO in April 2024, she has played a key role in strengthening the Corporation’s financial stewardship and governance.
"The Board is confident that Ms. Damoyi will provide the leadership and stability required to ensure the PIC continues to serve its clients and stakeholders with integrity and excellence."