![]() ![]() The Chief Risk Officer (CRO) is responsible for development, coordination, and promulgation of the Risk Management Framework. Visible commitment requires active participation in risk management processes, effective resource allocation, and making ‘risk’ the first agenda item at all meetings.ĭivisional Managers are responsible for reporting the progress of risks and treatment plans to the Risk Management Steering Committee every month, reporting strategic or Extreme risks in a timely fashion, driving the implementation of the Risk Management Framework, and ensuring that managers are equipped with the necessary skills, guidance, and tools Managers and leaders at all levels are responsible for applying agreed risk management policy, guidelines, and strategies in their area of responsibility and are expected to ensure risk management is fully integrated with and considered in the normal course of activities at all levels. As individuals, we all play our part in managing risk, and staff at all levels are responsible for understanding and implementing risk management systems in their workplace. Risk management is a core business skill and an integral part of day-to-day activity. ![]()
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