State-owned asset management firm the Public Investment Corporation (PIC) has appointed Sholto Dolamo as acting chief investment officer (CIO) with effect from August 6.
He is PIC research and projects development executive head and a member of the PIC executive committee.
The PIC board took a decision to reinstate several executive positions, including that of the CIO to strengthen its decision-making and implementation capability.
The process to fill the position of the CIO is under way and Dolamo will exercise all the powers of the CIO until the appointment process is finalised.