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42 • GOVERNANCE AND MANAGEMENT
PANDORA ANNUAL REPORT 2016
Board
of
Directors
Management
Board
Business Unit
Management
Group
Functions
RISKS
RISK MANAGEMENT GOVERNANCE
Monitors the effectiveness of risk management.
Reviews and recommends changes to PANDORA's risk
management approach.
Monitors the effectiveness of PANDORA's risk management
process. Monitors that key risks are appropriately managed.
Establishes Group risk management approach.
Ensure that an appropriate and effective process is in place
to identify, assess and manage risks in business units.
Drive risk mitigation and action plans.
Ensure that an appropriate and effective process is in place
to identify, assess and manage risks across the organisation.
Coordinate corporate risk identification and assessment.
Report on risk management initiatives and risks.