The Public Investment Corporation (PIC) is one of South Africa’s most important state owned financial institutions that is responsible for managing assets on behalf of government employees,pensioners, and other public sector
clients.
For many organisations, compliance has traditionally been viewed as a regulatory obligation: a necessary cost associated with policies, audits, penalties and sector specific requirements.
In many organisations, succession planning is still viewed as a retirement conversation — something to be addressed when a long-serving executive signals their intention to step down.
While artificial intelligence often dominates the conversation, it is only one component of a broader spectrum of technological advancement that King V seeks to bring under effective governance.
In recent years, the corporate and commercial landscape has experienced increased need for robust compliance framework to limit risks threatening the sustainability of organisations.
In many businesses, compliance is treated
as a “tick-box” exercise, something to deal
with only when regulators come knocking.
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