Our Policies
Risk Management Policy
KEX Express is committed to managing risks effectively to support sustainable growth and responsible operations.
This Policy defines the framework for identifying, assessing, and managing risks across the organization.
Overview
Our Risk Management Approach
This Policy establishes the enterprise risk management framework of KEX Express.
It ensures that risks are identified, assessed, and managed in alignment with our objectives and risk appetite, strengthening resilience and informed decision-making.
Risk Identification
Risks are identified comprehensively across strategic, operational, financial, and compliance areas.
Risk Assessment
Risks are evaluated based on likelihood and impact to determine priority and response.
Risk Mitigation
Appropriate controls and actions are implemented to manage risks within defined tolerance levels.
Monitoring
Key risks and mitigation progress are reviewed regularly and escalated when necessary.
Risk Governance
Clear oversight structure ensures accountability at Board and management levels.
Risk Integration
Risk management is embedded into planning, operations, and daily decision-making.
Responsibilities
Roles and Responsibilities
Board of Directors
Oversees risk management and ensures adequacy of internal control systems.
Risk Management Committee
Approves framework and risk appetite, monitors enterprise risks, and reports to the Board.
Audit Committee
Reviews effectiveness of risk management and integrates key risks into internal audit planning.
Management
Implements the framework and ensures appropriate controls within their areas.
Employees
Act as risk owners within their roles and support risk mitigation efforts.