STRUCTURE AND MECHANISM OF CORPORATE GOVERNANCE

RISK MANAGEMENT EVALUATION

The Risk Management is evaluated in stages, starting from the Port Branch to the Regional Risk Management Function then forwarded to the Head Office Risk Management Group, while for subsidiaries to the Subholding Risk Management Division then reported to the Head Office Risk Management Group and for subsidiaries outside business cluster, is evaluated directly by the Head Office Risk Management Group. The evaluation has been carried out by looking at the data of risk profile as has been filled on the Risk Control Self Assessment (RCSA) working paper with an approach to the effectiveness of mitigation actions that have been carried out by the Risk Owner, then validated and re-verified by showing operational, financial performance