By Lean Camille Lumabas
The Aboitiz Group Risk Management Steering Committee (Risk SteerCom) convened for its Q4 meeting last December 15, bringing together the Group’s risk management teams to review key developments in the enterprise risk landscape. The meeting reinforced Risk SteerCom’s role as an advisory and coordination body that provides strategic guidance, promotes consistency in risk management practices, and serves as a forum for knowledge sharing.
While the SteerCom supports compliance with governance requirements and alignment with the Group’s risk appetite and long-term objectives, accountability for risk decisions remains with designated risk owners. During the session, members discussed key and emerging risks, shared insights on risk responses and lessons learned from recent incidents, and exchanged information on initiatives that could be adopted or scaled across the Group.
The agenda featured a learning discussion on emerging global and climate-related risks led by Swiss Re, best-practice sharing from City Savings Bank and RAFI Microfinance, and updates from the AEV Risk Management Team on groupwide top risks, business continuity coordination, and risk financing initiatives.
Through these engagements, the Risk SteerCom continues to strengthen risk management capabilities, promote informed dialogue, and support a consistent, forward-looking approach to risk across Aboitiz.
