 |
 |
|
Group Finance oversees the Group’s financial reporting and strategic business analysis, including the performance and analytic tools used by the business units. The department is also in charge of the Group’s investor relations, corporate governance, capital structure, M&A and relations with rating agencies.
Risk Management is also part of Group Finance. As the Group’s risk monitoring unit, Risk Management has overall responsibility for the Group’s implementation of the rules of the Capital Requirements Directive (CRD), risk models and risk analysis. Within the limits set, the managements of the individual business areas are responsible for the risks the areas incur and for actively managing these risks. Risk Management has overall responsibility for monitoring the Group’s risk portfolio and conducts back testing of risk parameters, validation of risk models and stress testing on an ongoing basis. |
