2.12. Reporting Lines of FBB’s Head of Risk Management
Effective from Sep 24 2019 - Dec 31 2019
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| 42. | Where a FBB has an individual performing the role of Head of Risk Management, he or she should be accountable to a branch’s GM/CEO and, in most cases, to the head of the parent’s or group risk management function. |
| 43. | SAMA recognises that, in addition, a reporting line should be established for operational purposes. Accordingly, to the extent necessary for effective operational management, the branch Head of Risk Management should report into the GM/CEO. |