Risk Committee definition
Examples of Risk Committee in a sentence
Any member of the Audit and Risk Committee may call a meeting of the Audit and Risk Committee.
The quorum for a meeting is 2 members or any greater number determined by the Audit and Risk Committee from time to time.
The Board has resolved to establish this committee and to adopt these terms of reference to govern the proceedings and meetings of the Audit and Risk Committee.
The Audit and Risk Committee discharges its responsibilities by making recommendations to the Board, however it does not have any executive powers to commit the Board or management to their implementation.
The Audit and Risk Committee is not responsible for supervising the performance of executives and is not involved in day-to-day operations, management functions or decision making.