​About Risk Management

OVERVIEW

​​​KWAP in its journey to achieve its Mission and Vision recognizes that the ever changing business environment presents multiple form of threats and opportunities. In whichever form, KWAP is determined to move forward, managing threats and seizing the right opportunities for value creation and capital preservation. The risk management approach is primarily through the adoption of "Enterprise Risk Management (ERM)" as a core strategy across the enterprise. The approach is designed to identify potential events that may adversely affect the entity, and manage risks within its risk appetite, thus providing reasonable assurance regarding the achievement of organisational objectives.