Principal has put in place a risk management framework with activities that include a comprehensive compliance framework that essentially works on self-assessment as well as systems for managing active risks in investment portfolios.This is to ensure that clients' mandates are carefully adhered to and not exposed to unnecessary risks associated with delegation of funds management.
There is a so called "Risk Management Committee", which will be responsible for ..
Ensure principles of good governance are effective taking into account the requirements and regulations of the SEC.
Cultivate a proactive risk management culture within the Company so that risk management is applied in the day-to-day business activities.
Review and recommend to the BOD for the approval of risk management framework and policies including risk management directions and practices for Company wide implementation.
Review and guide on the setting of risk limit before submitting to BOD for approval.
Enforce compliance with all risk management framework
The member of Risk Management Committee, is...
Lim Khai Qi
Risk Management Director, Principal Asset Management Berhad.
Somchai Yongkrittaya
Executive Vice President Head of Market Risk, CIMB Thai Bank
Jumpon Saimala
Chief Executive Officer, Principal Asset Management Co., Ltd.
Compliance Department Tel: +662 686 9508