The new boss of the continent’s largest pension fund says it has concluded deliberations with the National Treasury and finance minister Tito Mboweni that can open the door to revisions in how the fund invests the nearly R2-trillion entrusted to it by the nations’ public servants.
Musa Mabesa was announced as the new principal executive officer of the Government Employees Pension Fund on Monday, succeeding Abel Sithole, who has taken the reins at the Public Investment Corporation .A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Sunday Times Daily.
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EDITOR’S NOTE: Who is rowing your investment boat?The debate around the alignment of executive remuneration with shareholder interests is starting to get heated
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