M uses a risk management approach with sufficient flexibility to ensure it is able to adapt to the changing needs of the business. It is the firm belief of Management that a robust risk strategy, astound risk identification and evaluation process, and stringent risk reporting provide a solid framework for effectively managing M’s business risks.
M HAS A FRAMEWORK TO MANAGE INVESTMENT RISK.
A risk may be defined as any uncertain future situation or event, which could influence the achievement of M’s objectives or realization of opportunities, including strategic,operation, financial and compliance objectives.
Risk management for the company is managed by a designated corporate Risk Manager who works closely with the Executive team
CORPORATE RISK MANAGEMENT IS DESIGNED TO:
Minimise unexpected financial and operational results;
Improve individual accountability and give greater transparency to decision making;
Exploit business opportunities quickly with full appreciation of risks involved.