Enterprise Risk Management
The Board places strong dedication and commitment of the highest standards towards effective enterprise risk management in-line with best practices in corporate governance guided by the Malaysian Code of Corporate Governance ("MCCG"). An enterprise risk management approach aligns strategy, processes, people, technology and knowledge with the purpose of evaluating and managing potential risks to the company that may be exposed to. It enhances and encourages the identification of opportunities through continuous improvement and innovation.
Risk Management Statement
“Bumi Armada Berhad Group is committed to implement an effective enterprise risk management framework to ensure sustainable business growth and promote a proactive approach in reporting, evaluating and managing risks associated within the Company, in-line with risk framework agreed to and accepted by the Risk Management Committee and approved by the Board of Directors.”