The Enterprise Risk Management policy defined as a set of practices that include the identification, assessment and prioritization of risks in the Finance of Department and the subsequent use of resources to minimize, control or control the likelihood or impact of risks to benefit of opportunities.
This policy is applicable across the Department of Finance and each employee has a role in identifying and managing risk by taking risks into account in all day-to-day operations.
The objective of this policy is to clarify the Department's methodology for effective and efficient risk management and to optimize the utilization of available resources at various levels. And ensure leadership's commitment to corporate risk.
The corporate risk management policy of the Department of Finance is as follows:
Abdulrahman Saleh Al
Saleh – Director General