LPPSA believes that effective risk management is an essential and an integral part of its corporate governance and shall continuously strive for excellence to ensure effective and systematic protection of the overall operation in LPPSA.

LPPSA operates in a highly competitive business environment and is exposed to various risks which include financial, operational, reputational and strategic risk. The Governance, Risk and Compliance Department (GRCD) has proactively reviewed, monitored and managed these risks with cooperation from all departments and divisions in LPPSA.

A structured and integrated approach in managing key business risks has been adopted and is in line with the recommended risk management framework and best practices. It is consistent with the ISO 31000 which involves the systematic identification and analysis impacting LPPSA business objectives.For more detailed information, please refer LPPSA Annual Report