Governance, Risk and Compliance committee
The Committee comprises of three non-executive directors. Its terms of reference include:
- To review the adequacy and overall effectiveness of the business Units risk management functions and their performance, and reports on internal control and any recommendations.
- To review the adequacy of insurance coverage for Group assets.
- To review risk identification and measurement methodologies.
- To review the effectiveness of ZBFHL’s implementation of its risk management system and internal control framework.