Risk Governance

As part of the overall corporate governance framework, the Board of Directors is responsible for overseeing a strong risk governance framework. An effective risk governance framework includes a strong risk culture, a well-developed risk appetite articulated through the RAS, and well-defined responsibilities for risk management in particular and control functions in general. The Board of Directors holds ultimate responsibility of bank-wide risk management and ensure that all risk governance framework is well communicated through the whole organization. For effective risk oversights, the Risk Oversight Committee (ROC) has been delegated by the Board of Directors to review and oversee the management of all risks across the Bank and is authorized to approve certain parts of Bank’s risk management strategies, policies, frameworks and standards, as well as aggregate risk tolerance and risk concentration levels.

 

Risk Governance

As part of the overall corporate governance framework, the Board of Directors is responsible for overseeing a strong risk governance framework. An effective risk governance framework includes a strong risk culture, a well-developed risk appetite articulated through the RAS, and well-defined responsibilities for risk management in particular and control functions in general. The Board of Directors holds ultimate responsibility of bank-wide risk management and ensure that all risk governance framework is well communicated through the whole organization. For effective risk oversights, the Risk Oversight Committee (ROC) has been delegated by the Board of Directors to review and oversee the management of all risks across the Bank and is authorized to approve certain parts of Bank’s risk management strategies, policies, frameworks and standards, as well as aggregate risk tolerance and risk concentration levels.

 

Risk Governance

As part of the overall corporate governance framework, the Board of Directors is responsible for overseeing a strong risk governance framework. An effective risk governance framework includes a strong risk culture, a well-developed risk appetite articulated through the RAS, and well-defined responsibilities for risk management in particular and control functions in general. The Board of Directors holds ultimate responsibility of bank-wide risk management and ensure that all risk governance framework is well communicated through the whole organization. For effective risk oversights, the Risk Oversight Committee (ROC) has been delegated by the Board of Directors to review and oversee the management of all risks across the Bank and is authorized to approve certain parts of Bank’s risk management strategies, policies, frameworks and standards, as well as aggregate risk tolerance and risk concentration levels.

 

Risk Governance

As part of the overall corporate governance framework, the Board of Directors is responsible for overseeing a strong risk governance framework. An effective risk governance framework includes a strong risk culture, a well-developed risk appetite articulated through the RAS, and well-defined responsibilities for risk management in particular and control functions in general. The Board of Directors holds ultimate responsibility of bank-wide risk management and ensure that all risk governance framework is well communicated through the whole organization. For effective risk oversights, the Risk Oversight Committee (ROC) has been delegated by the Board of Directors to review and oversee the management of all risks across the Bank and is authorized to approve certain parts of Bank’s risk management strategies, policies, frameworks and standards, as well as aggregate risk tolerance and risk concentration levels.