Risk Management Committee

The Risk Management Committee is responsible for setting company-wide strategy, risk management systems and policies, defining exposure thresholds, reviewing and finalizing reports concerning risk management, and establishing risk control evaluation criteria.  The review process is governed by the risk requirements set out by the Board of Directors and the Executive Committee.  The Committee proactively assesses and measures the company's portfolio risks and, initiates, when necessary, a review of the portfolio's composition to ensure corporate risk exposure is managed appropriately.  The Committee includes CIC's Chief Executive Officer, Chief Operating Officer, Chief Risk Officer, and heads of relevant departments.  It reports directly to the Executive Committee.