Audit and Risk Committee

Leon Kaplan Chairmain of Audit and Risk Committee

Leon Kaplan, Chairmain: Audit and Risk Committee

The Audit and Risk Committee is chaired by Leon Kaplan, and the following outlines some of the main responsibilities of the committee:

Board sub-committee duties in respect of the operating companies and the unit trusts
Oversight functions:
  • External audit
  • Internal audit and controls
  • Financial reporting and financial management
  • Governance
  • Regulatory compliance
Capital adequacy reviews
Risk management process reviews relating to:
  • Information technology
  • Third-party service providers
  • Whistle blowing and fraud prevention
  • Insurance
Ongoing enhancement of policies and procedures