It is the policy of Kichose Group to achieve best practice in the management of all risks that threaten to adversely impact Kichose Group, its customers, people, assets, functions, objectives, operations or members of the public.
Risk Management forms an integral part of strategic, operational and line management responsibilities in all our operations and is integrated into all our strategic and business planning processes. Specific overall risk responsibility is currently vested in the Group CFO’s office and will be re-assigned to a committee chairman at board level, as and when the board constitutes a Risk Committee. Until such time, there is an executive risk management committee chaired by the CFO, that determines and communicates policy, objectives, procedures and guidelines and directs and monitors implementation, practice and performance throughout Kichose Group. The Risk Committee is specifically mandated as follows;
Consultants may be retained from time to time to advise and assist in the risk management process, or management of specific risks or categories of risk. Every employee of Kichose Group is recognised as having a role in risk management vigilance and the identification of risks. As such all employees shall be invited and encouraged to participate in that process.