The successful operation of a business is not complete without identifying and managing the risks which allow preventing any possible threat that can have serious implications for the capital and earnings.

Arutba acknowledges risk management as one of the pillars of powerful corporate governance and applies effective risk management techniques to ensure that all necessary steps are taken for eliminating excessive concentration of risk in specific areas of business.

In order to achieve this goal, Arutba implements high-level corporate risk management policy and procedures, as well as provides regular support to the Group’s companies in their day to day risk management activities.

The adopted Risk Management Policy has helped the management of Arutba successfully implement the corporate risk management structure in line with its strategic objectives and other company Policies.

Depending on the nature and the scale of the business, subsidiaries have established organizational bodies for risk management such as risk committee and risk management unit.