Risk Committee

A Risk Committee is a group within an organization responsible for overseeing and managing potential risks that could affect the company's stability and success. They identify threats, assess how likely and impactful they are, and develop strategies to minimize or control these risks. This helps ensure the organization remains resilient in the face of uncertainties like financial issues, legal challenges, or operational problems. The committee typically reviews risk reports, sets policies, and guides decision-making to protect the company’s assets, reputation, and long-term goals.