The function of the Risk Committee is to oversee and support the Board of Directors in fulfilling its duty to
- risk management and control, including credit, market, country, legal, compliance, operational and conduct risks;
- treasury and capital management, including funding, liquidity and equity attribution; and
- balance sheet management.
The Risk Committee considers the potential effects of the aforementioned risks on the Group’s reputation. For these purposes, the Risk Committee will receive all relevant information from the Group Executive Board and has the authority to meet with regulators/third parties in consultation with the Group CEO.
The Risk Committee is comprised of following Board members:
The Committee operates under the Risk Committee Charter as described in the Organization Regulations.