BIMB Integrated Annual Report 2017

The Board Risk Committee is pleased to present its report for the period under review to the shareholders of BHB. The Board Risk Committee was established in the later part of year 2016 in accordance with BNM’s Corporate Governance Policy to fulfil the obligation of BHB as a Financial Holdings Company. The Board Risk Committee’s primary responsibilities include, identifying critical risks area and key trends and deliberation of strategic action plans to mitigate the impact of such risks. In discharging its responsibilities, the Board Risk Committee is assisted by the Group Risk Management Committee, consisting of the key senior management of BHB and its major subsidiaries. The Company recognises that effective risk management is critical to the achievement of strategic objectives and the long- term sustainable growth of the business. In 2017, six (6) Board Risk Committee meetings were held to identify and mitigate the risks that would compromise the interest of the Group and its stakeholders at large. The Board Risk Committee is satisfied that it has discharged its responsibilities in accordance with its mandate and Terms of Reference (“ TOR ”). ENCIK MOHD TARMIDZI AHMAD NORDIN Chairman BOARD RISK COMMITTEE CHAIRMAN’S OVERVIEW REPORT MOHD TARMIDZI AHMAD NORDIN Chairman/Independent Non-Executive Director The Board Risk Committee’s primary responsibilities include, identifying critical risks area and key trends and deliberation of strategic action plans to mitigate the impact of such risks. 135 Overview Value Creation Accountability Financial Statements Sustainability Performance Data Shareholders Information 21 st AGM Information Management Discussion & Analysis