Masondo's resignation prompts call for critical governance reforms at PIC
In his resignation letter, Masondo said he resigned to help restore stability to the PIC after the period of instability that followed the board's appointment…
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Summary
Masondo’s resignation followed the precautionary suspension of CEO Patrick Dlamini pending an investigation into allegations by a whistle-blower, the resignation of six non-executive directors, and an investigation by the Financial Sector Conduct Authority.
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Masondo’s resignation followed the precautionary suspension of CEO Patrick Dlamini pending an investigation into allegations by a whistle-blower, the resignation of six non-executive directors, and an investigation by the Financial Sector Conduct Authority.
according to IOL (Independent Online)
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