PIC Vacancies

To apply, click on the link at the end of the posts and all the best with your applications.

The Public Investment Corporation SOC Limited (PIC) is an asset management firm, whose
mandate is to make investments in various sectors of the economy on behalf of public sector
entities. Amongst our clients are the Government Employees Pension Fund, the
Unemployment Insurance Fund and the Compensation Fund. Over the years, we have grown
to be amongst the top, large investment managers in South Africa and the rest of the African
continent, with current assets under management at just over R2.6 trillion. At the centre of
our growth is a team of self-driven professionals who are results-focused.

Sector Specialist: Agriculture & Agri-business

• Position: Sector Specialist: Agriculture & Agri-business
• *Job Grade: E1-E4
• Ref: SSAP006
• Salary: All-inclusive remuneration package negotiable
• Centre: Public Investment Corporation, Pretoria (Research and Innovation

Purpose of the role:
As part of the Research and Innovation team, the candidate will support both the Listed and Unlisted
teams with the generation of well-researched investment ideas, industry-leading sector knowledge,
and strategic initiatives and contribute to growth in assets under management.

Requirements:

• Post Graduate Qualification (NQF 8) in Commerce, Finance or equivalent relevant
  qualification. Master’s degree/MBA/CFA would be advantageous.
• At least 7 years of Relevant Experience as an Agricultural Economist or Agri-Business
  Specialist. Experience within asset management/banking/DFI with a focus on agri
  transactions/investments
• Experience in undertaking research with implications for the agri industry, economy and
  investments is key.
• Experience in Implementing research views in investment portfolios
• High level research innovation and creativity that can translate into investment ideas to be
  implemented on the PIC Portfolio.

Duties:

• Produce Industry-leading proprietary research that generates investment views and ideas in
  agriculture & agri-processing for implementation in the PIC Portfolio.
• Identify investment opportunities in agriculture & agri-business for unlisted investment
  divisions.
• Undertake thematic research and thoughtful leadership pieces to drive investment strategy.
• Develop and update sector investment strategies for agriculture and agri-business.
• Undertake market research analysis for unlisted transactions.
• Monitor risks affecting the agriculture industry and impact of PIC agri investments and
  portfolio.
• Support the deal team during due diligence process and in evaluating new potential
  investments as well as the post-investment teams in value creation initiatives and turning
  businesses in distress around.
• Supervising and mentoring senior analysts and research analysts.

Competencies and skills:

• Excellent writing and communication skills
• Excellent presentation skills
• Industry and sector research
• Ability to work alone and in a team environment
• Good time management
• Performance and results-oriented
• Ability to deal with pressure/stress
• Stay abreast with the latest trends in the economy
• Problem-solving skills
• Ability to evaluate market intelligence
• Customer service orientated
• Management skills
• Analytical thinker
• Good understanding of Risk

Our firm values diversity, and excellence and is committed to the realisation of these across all
operations and investment activities. If you are dynamic, resilient, agile, disciplined and willing to
be part of a team that is focused on creating meaningful change, you are welcome to submit your
application for this position.

Closing Date: 31 October 2024

• Grade Range: The grade range for this position is from E1 – E4, commensurate with applicable
  minimum requirements.

The PIC is an equal opportunities employer, aligning appointments with the PIC Employment
Equity plan.

Please forward a copy of your comprehensive curriculum vitae to: Recruitment4@pic.gov.za

CHIEF EXECUTIVE OFFICER

The Public Investment Corporation SOC Limited (PIC) is an asset management firm wholly owned by the government of the Republic of South Africa, represented by the Minister of Finance. With over R2.7 trillion of assets under management, PIC is Africa’s largest asset manager, established in 1911 and corporatised in 2005, investing funds across asset classes such as listed equities, real estate, capital markets, private equity and impact investments on behalf of the Government Employees Pension Fund (GEPF), as well as other public sector clients such as the UIF, CC, CP and AIPF which focus on provision of social security.
Through its listed investments, the PIC controls over 10% of the Johannesburg Stock Exchange. The PIC has a mandate to invest in the rest of the African continent and beyond.

The organisation is seeking to appoint a Chief Executive Officer (CEO) who has sound experience in business leadership, with preference but not limited to the financial sector i.e. asset management, funders or investment management – as well as demonstrable knowledge and understanding of governmental regulations, compliance requirements and policy considerations. He/she will have a strong ability to build relationships with multiple key stakeholders, exhibit strong influencing skills, and possess strategic leadership and thinking. The incumbent must demonstrate competence and unquestionable
ethical conduct. The PIC is seeking a visionary CEO to take the helm of this prestigious and key player in the South African economy. The CEO will have the rare opportunity to shape the future of asset management in South Africa, have material influence in companies listed on the Johannesburg Stock Exchange and be pivotal to funding private companies poised for growth in our economy, while maximizing returns for our clients. The CEO’s strategic vision and leadership will guide the
leadership team to new heights of success, while fostering a culture of collaboration, integrity, and excellence.

As a custodian of a sustainable and profitable future for the organisation for the benefit of all its stakeholders, the CEO is accountable to the board and the shareholder for overall business performance by leading the creation and implementation of the group vision and strategy through the leadership of an executive team. Key additional focus areas include strategic networking, continuous improvement, innovation and building and maintaining a robust control environment.

Key Responsibilities:
Develop and execute a comprehensive strategic plan to
drive business growth and enhance shareholder value.

1. Strategy development, execution, monitoring and
   reporting: Improved organizational confidence and
   ongoing improvement of the organisation’s image
   and visibility, and play a key role in the diversification
   of the South African economy.
2. Financial oversight: Achievement of over-arching
   financial goals and objectives by ensuring sufficient
   capacity, resources and skills to manage the
   organisation’s financial position and have clean
   audits.
3. Business sustainability and profitability: Achievement
   of growth objectives with evidence of proactive risk
   management which includes favourable investment
   returns and increase of assets under management.
4. Internal and external stakeholder engagement: Build
   and maintain positive market perceptions from
   clients, investors, investees, analysts, regulators and
   the shareholder.
5. Operational oversight: Ensure consistent delivery on
   agreed organisational performance and improving
   technology enabled operational efficiency.
6. Governance, risk and compliance management:
   Ensure compliance with all applicable laws,
   regulations, and industry best practices, and prudent
   risk management.
7. Leadership of the executive team: build and maintain
   leadership cohesion and through them engender an
   organisational culture that supports excellence,
   integrity, continuous improvement, appreciation of
   diversity, retention of talent and general
   improvement of staff morale.

Qualifications, competencies, skills and experience:

• Postgraduate qualification would be
  advantageous.
• Proven track record of success in senior leadership
  roles.
• Strategic, with commercial and financial acumen
• Stakeholder management.
• Understanding of financial markets, investment
  strategies would be advantageous.
• Knowledge of risk management principles.
• Strong leadership presence with the ability to inspire
  and motivate teams.
• Commitment to diversity, equity, and inclusion in the
  workplace.

The CEO will be based at the PIC head office in Menlyn, Pretoria.
A competitive remuneration will be negotiated with the successful candidate.
The PIC is an equal opportunity employer, committed to employment equity. Confidential applications enclosing detailed profiles and
contact details, quoting PIC CEO, should be sent to executive-search@SearchPartners.co.za by Monday 4 November 2024.

All the best with your applications.