Enterprise Risk Management
An effective risk management mechanism is key in delivering our strategy, achieving the group’s objectives and ultimately, sustaining the growth of shareholders’ wealth.
The Enterprise Risk Management (ERM) framework helps to identify, assess, manage and report on risk factors influencing the ENL ecosystem, whether at the group or subsidiary level, with regards to strategy, operations, finance, people and technology.
Our Board of Directors and Audit & Risk Management Committee (ARMC) oversee risk management. The Board is responsible for strategy setting, leadership and decision-making, and thus determines the level of risk tolerance and risk appetite in accordance with set business objectives.