Risk Management

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.
 
The Risk Management Committee develops and monitors risk management policies, which aim to:
  • 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. 
 
The Risk Management Committee is assisted by Internal Audit and Risk Management, which reviews risk management controls and procedures and reports back to the Audit Committee and Risk Management Committee. The Risk Management Committee reports regularly to the board on its activities. Risk management policies and systems are reviewed regularly in accordance with changes in market conditions and activities.

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