With a board level decision made to take on a more rigorous approach to group-wide risk management, AngloGold Ashanti earlier this year set out to shift its risk management function from one that was centered-on compliance to one that was focused on driving and contributing towards its business strategy.
And with a timeline that gave a little more than six months to the team dedicated to this task, it was clear that it was an ambitious set of goals to work towards.
“We had our minds set on effecting a substantial improvement in AngloGold Ashanti’s risk management process, managing down any threats the company faced and harnessing all possible opportunities - in essence creating a risk-aware culture within the company,” says Mark Robins, AngloGold Ashanti’s Vice President of Risk Management.
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