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The purpose of the Risk Management Committee is to assist the College Council in fulfilling its governance oversight responsibilities related to the identification, evaluation and treatment of strategic, operational, financial, reputational, compliance and external risks. The committee has the responsibility of monitoring and approving the risk management framework and practices of the College. Moreover, the committee supports the stakeholders to understand its integral part and instill risk management culture in the whole process by conducting awareness programs and other collaborative activities.

Risk Management at a Glance

Risk Management is defined as coordinated activities to direct and control an organization with regard to risk --- extracted from ISO 3100: 2009 Risk Management – Principles and Guidelines

Risk Management is a systematic approach to maximize the prospects of ongoing success by identifying, analyzing, evaluating, treating threats, and monitoring. --- extracted from CoTs Risk Management Policy V2.3