# The Public Investment Corporation board has welcomed Cabinet’s approval of Patrick Dlamini as its new CEO, effective 1 June. Dlamini, who previously led the Development Bank of Southern Africa, brings nearly 30 years of leadership experience. The board has also praised outgoing CEO Abel Sithole for restoring stability and growing assets to over three-trillion-rand. PIC chairperson David Masondo thanked Sithole for his ethical leadership and said Dlamini is well positioned to advance the PIC’s mandate.
Public Investment Corporation welcome approval of Patrick Dlamini as CEO