The Risk Management Committee consists of Directors and/or Executives of the Bank appointed by the Board of Directors.  The Committee shall be responsible for assisting the Board of Directors oversight of overall risk management processes to ensure that the risk level is appropriate. The Committee must also ensure that the KASIKORNBANK FINANCIAL CONGLOMERATE (“the Financial Conglomerate”) has a well developed structure and comprehensive on-going processes for identifying, assessing, managing and monitoring all risks associated with the operations, to be reported to the Board of Directors for acknowledgement.

The Risk Management Committee shall have the duty to formulate the Financial Conglomerate risk management policy for consideration by the Board of Directors in setting the overall risk management, which should cover all possible risks associated with the business, and reports shall be presented regularly to the Board on the following matters:

1) Impact of portfolio exposure and changes in risk frameworks, including effects from changes in policies and new product developments
2) Status of risks and changes on the risk appetites at appropriate time
3) Make sure that the Board of Directors is informed and made aware of the factors likely to have significant impacts on the Financial Conglomerate risk status.