Public key infrastructure

Some time ago I was asked to create presentation for my colleagues which describes Public Key Infrastructure, its components, functions, how it generally works, etc. To create that presentation, I've collected some material on that topic and it would be just dissipation to throw it out. That presentation wasn’t technical at all, and that post is not going to be technical as well. It will give just a concept, high-level picture, which, I believe, can be a good base knowledge before start looking at details.