Establishing a Risk Office and a Risk Management Operating Model at Holding Level

Establishing a Risk Office and a Risk Management Operating Model at Holding Level

About Project

In diversified holding structures, the absence of a centralized and disciplined risk governance framework often limits visibility, consistency, and proactive decision-making. To strengthen enterprise-wide risk oversight and resilience, we partnered with a holding company to design and establish a Group Risk Office and an integrated risk management operating model.

We successfully designed and implemented a Group Risk Office for a holding company, establishing a structured and scalable enterprise risk management framework across group companies. The engagement focused on defining the risk management operating model, building internal risk capability, standardizing group-wide procedures, and institutionalizing risk governance through regular risk committees and reporting mechanisms.

Our Approach

1

Risk Management Operating Model Design

Designed a group-level risk management operating model defining roles, responsibilities, governance layers, and interaction mechanisms between the holding and group companies.

2

Risk Capability Building

Delivered structured risk management training programs in collaboration with university faculty to ensure methodological rigor and practical relevance.

3

Risk Manager Network Establishment

Selected risk managers from group companies and supported their development as part of a coordinated group risk community.

4

Group-Wide Procedures & Standards

Developed and published group-level risk management procedures to ensure consistency and alignment across subsidiaries.

5

Risk Committee Design

Designed and organized quarterly risk committees, defining committee structures, mandates, decision scopes, and escalation mechanisms.

6

Agenda & Governance Structuring

Developed standardized agendas for risk committee meetings to ensure focused, decision-oriented discussions.

7

Risk Reporting Frameworks

Designed standardized risk reporting templates and formats to support clear, comparable, and actionable risk reporting at group level.

Strategy

Our strategy focused on institutionalizing risk management as a core governance capability rather than a standalone compliance activity. Key strategic pillars included:

Centralized Oversight with Local Ownership

Balancing group-level consistency with subsidiary-level accountability.

Capability-Driven Design

Strengthening internal risk expertise through structured training and role definition.

Standardization & Transparency

Establishing common procedures and reporting standards across the group.

Governance Integration

Embedding risk management into regular management and board-level decision forums.

Sustainability & Scalability

Designing a risk framework capable of evolving with the group's growth and complexity.

Results & Impact

✦

Established a fully functioning Group Risk Office with a clear operating model.

✦

Trained group company risk managers through academically supported risk management programs.

✦

Implemented group-wide risk management procedures and standards.

✦

Institutionalized quarterly risk committees with defined agendas and governance principles.

✦

Improved consistency, transparency, and comparability of risk reporting across group companies.

✦

Strengthened proactive risk identification, monitoring, and escalation capabilities at group level.

Through the establishment of a Group Risk Office and integrated risk governance framework, the holding company significantly strengthened its enterprise-wide risk management maturity. By combining structured operating models, internal capability building, standardized procedures, and disciplined risk committee practices, the organization embedded a proactive risk culture, improved management visibility, and enhanced decision-making resilience across the group.