Growthpoint is exposed to credit, liquidity and market risk through the use of various financial instruments. The board of directors has overall responsibility for the establishment and overseeing of our risk management framework.
- Identify and analyse risks faced by Growthpoint
- Set appropriate risk limits and controls
- Monitor risks and adherence to limits
The committee oversees management compliance with risk management policies and procedures, and reviews the adequacy of the risk management framework in relation to appropriate risks.