Under the responsibility of Tarak Achich, its aim is to ensure :

The existance and respect of a framework allowing the Group to measure the market, counterparty and oprating risk on all its activities. The monitoring of measure implemented to reduce risk wherever necessary and the transmission of best practice throughout the Group. Daily and periodic reporting to management, the Supervisory board, account and internal control comittees and the banking authorities (banking commission, etc.) on the Group risk exposure.

 

Risk management also concern procedures that cover all aspects of risk and compliance for all of the Group entities, thus provinding a cross-functional and consolidated overview.