The Public Investment Corporation (PIC), Africa’s largest state-run asset manager, plans to channel more business to black-owned and controlled money managers. It also wants more than a third of its senior managers to be women by the 2026/27 financial year.
The money manager, with R2.6-trillion in assets under management, outlined in its 2024-27 corporate plan its objective to maintain a minimum of 30% women at senior management level in the current financial year, as per the Paterson grading scales...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.