The Company is aware of the importance of risk management in every aspect of the business.
3 Line of Defenses Concept in the Implementation of the Risk Management of the Company
The First Line of Defense
The Second Line of Defense's
The Risk Management Unit was established on May 4th, 2016 and is responsible for facilitating the Company’s risk process. The Risk Management Unit’s duties include risk assessments, preparing preventive controls and risk mitigation plans, monitoring preventive controls and mitigation plans, evaluating risk management processes, and preparing reports to the Board of Directors and the Risk Mitigation Committee.
The Third Line of Defense