Click to view full size

Se­nior Mul­ti­me­dia Re­porter

The Gov­ern­ment yes­ter­day pre­sent­ed the let­ters of ap­point­ment to the new di­rec­tors of First Cit­i­zens Hold­ings Ltd, the 100-per cent State-owned com­pa­ny that holds the State’s 60.1 per cent stake in First Cit­i­zens Group Fi­nan­cial Hold­ings, the pub­licly list­ed com­pa­ny.

As re­ports swirled that a new board was to be ap­point­ed, Min­is­ter of Fi­nance Dav­en­dranath Tan­coo con­firmed those re­ports to be true.