Prudential (GB:PRU) has released an update.
Prudential plc has announced that its Board of Directors has established a Risk Committee to guide the company’s risk management strategy and framework, ensuring effective oversight of potential and current risks. This committee, comprised exclusively of independent Non-executive Directors, will meet at least four times annually to fulfill its mandate of maintaining and reviewing the Group’s risk policies and their adherence. The Risk Committee’s role is crucial in safeguarding the company’s business across the Group, with close coordination with the Audit Committee to address any overlapping responsibilities.
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