CAO’s comprehensive risk management framework is put in place to identify, measure and control various risks encountered in our business operations, enabling the CAO Group to quickly respond to constantly changing market conditions.
The robust risk management and control structure is designed to ensure sound governance and oversight over the execution of effective risk management practices.
At the strategy and governance level, the responsibility for the effective risk management of CAO lies with the Board of Directors.
At the tactical and policy level, the Risk Management Committee has oversight over key risk management issues.
At the management and control level, the Company Risk Team plans and implements risk management controls as directed by the Management over all potential risk exposures.
At the operation level, the Risk Management Department ensures that risk management activities are executed daily and all risk-related policies, processes and limits are implemented and adhered to.