Risk management
Ongoing risk management
All business operations involve risk-taking. Systematic and structured risk management, integrated with Addnode Group’s strategy and business model, promotes good diversification of risk. Risks are managed at several levels in the Group, and the Board of Directors analyses and assures the risks to be managed based on documentation provided by the President and Group Management. An assessment is conducted at least twice a year.
Group Management is responsi9ble for ongoing risk management activities in individual areas of responsibility. Division Presidents and subsidiary Managers are responsible for managing the opportunities and risks in their individual operations, for ensuring that procedures compliant with policies and rules are in place, and for their compliance and monitoring.