AEV’s risk management maturity journey is hailed as a best practice in the region during the Aon Risk Symposium Asia held last August 30 in Singapore. AEV Chief Corporate Services Officer Susan Valdez, and AEV Chief Financial Officer Dmi Lozano shared the company’s experience in front of the participants coming from 100 corporations all over Asia. The panel discussion focused on critical success factors and value that a risk culture creates for internal and external stakeholders.
Our journey was really driven from the top – starting with the creation of board risk & reputation management committees at both Aboitiz Equity Ventures and Aboitiz Power Corporation. It was led by the Group CEO, who allowed the right governance structure to take root and function, and gave the attention and priority time for discussion to happen across the Group. Risk is a reality in doing business and we must excel in managing and mitigating these risks, especially for the emerging ones. Enterprise-wide risk management entails understanding our risk exposures so that we can turn these risks into opportunities, and enable our long-term success.
-Susan Valdez, AEV Chief Corporate Services Officer, and Dmi Lozano, AEV Chief Financial Officer