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2.12. Reporting Lines of FBB’s Head of Risk Management
No: 4922/67
Date(g): 24/9/2019 | Date(h): 25/1/1441
Effective from Jan 01 2020 - Dec 31 2019 To view other versions open the versions tab on the right
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.
