The Board of Directors believes that Enterprise Risk Management plays a vital role in management and operations in accordance with the Good Corporate Governance principles, and it helps the Company achieve its objectives, strategies, mission and vision. Therefore, the Board has established a Risk Management Committee to regulate and support risk management procedures to respond to any risk situation change.
Risk Management Policy was set up in accordance with the risk management framework of the SET (The Stock Exchange of Thailand) and COSO (The Committee of Sponsoring Organizations of the Treadway Commission). Risk Management is a responsibility for employees at all levels to consider in their own operations.
The Company prioritizes its risk management policy is one of the key policies. The Company also assigns a person to be responsible for risk in each department and assigns the risk management task as the responsibility of every executive. There is a plan and measure to manage risks and to assess risk factors that may affect the Company’s business operations and objectives. The Company follows up on the risk management of each department. Moreover, the Company arranged training on “Enterprise Risk Management 1/2019” on January 8, 2019. EY Corporate Services Limited provided the honorable speaker. The Company also arranged to train 42 people from Management and employees to understand risk assessment.
The Company held training on “Enterprise Risk Management 2/2019” on February 26, 2019. EY Corporate Services Limited provided the honorable speaker. The Company also arranged to train 45 people from Management and employees to understand risk assessment and mitigation.
