Collins Letsoalo has been appointed as the CEO of the Road Accident Fund.
He has been acting in the position. Transport Minister Fikile Mbalula announced the appointment on Friday.
He says he has confidence that Letsoalo’s leadership will place the fund on a stable footing.
Letsoalo was the Chief Financial Officer of the Transport Department. He also served as Acting CEO of the Passenger Rail Agency.
One of the new CEO’s first tasks will be to reduce legal costs at the fund.
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