Business / Companies
PSMAS board retires group CEO
27 Jan 2014 at 16:38hrs | Views
The Premier Service Medical Aid Society (PSMAS) board has retired its Group Chief Executive Officer, Dr Cuthbert Dube, ZBC News reported.
In a statement today, the PSMAS Board Secretary, Cosmas Mukwesha confirmed the development, saying Dr Dube has reached retirement age and must be retired.
He said details on the retirement are being worked out.
Dr Dube's retirement follows shocking revelations of PSMAS' salary schedule, with Dr Dube earning a whooping US$230 000 per month.
The salary schedule also showed that the top management at PSMAS is gobbling at least US$1 million in basic monthly salaries at a time the state enterprise is reeling under a US$38 million debt.
At its sitting this Monday 27 January 2014, the PSMAS Board also resolved to relieve the current Board Chairperson, Mrs Meisie Makeletso Namasasu of her duties and appointed Vice Chairperson, Mr Newton Mhlanga as the Acting Chairperson until the appointment of a substantive Chairperson.
The PSMAS Board says members must be assured that they will continue to access services, adding that in the event of any difficulties in accessing service, members can contact the society on the following numbers: 0773 444 570, 0773 809 476, 0772 415 202, 0772 286 140, 0772 951 686 and 0774 661 167.
In a statement today, the PSMAS Board Secretary, Cosmas Mukwesha confirmed the development, saying Dr Dube has reached retirement age and must be retired.
He said details on the retirement are being worked out.
Dr Dube's retirement follows shocking revelations of PSMAS' salary schedule, with Dr Dube earning a whooping US$230 000 per month.
The salary schedule also showed that the top management at PSMAS is gobbling at least US$1 million in basic monthly salaries at a time the state enterprise is reeling under a US$38 million debt.
At its sitting this Monday 27 January 2014, the PSMAS Board also resolved to relieve the current Board Chairperson, Mrs Meisie Makeletso Namasasu of her duties and appointed Vice Chairperson, Mr Newton Mhlanga as the Acting Chairperson until the appointment of a substantive Chairperson.
The PSMAS Board says members must be assured that they will continue to access services, adding that in the event of any difficulties in accessing service, members can contact the society on the following numbers: 0773 444 570, 0773 809 476, 0772 415 202, 0772 286 140, 0772 951 686 and 0774 661 167.
Source - zbc
