Air Selangor’s Governance and Ethics policies facilitates effective, transparent and prudent management
alongside philosophical and morally decent corporation standards.
Air Selangor’s Risk Management Policy is the starting point in the Enterprise Risk Management Framework and has been prepared to ensure that risk management becomes the concern of everyone and that risk practices are internalised and applied consistently across Air Selangor. The Policy prescribes a comprehensive risk management approach, broad guidelines and other parameters & tools used in identifying and assessing risks, and a supporting risk management methodology for controlling, monitoring and reporting risks that Air Selangor will face in the conduct of its operations.
The Board and Senior management of Air Selangor will monitor the effectiveness of risk management activities across the Air Selangor to ensure that these activities continue to support the mission, vision and strategic objectives. Air Selangor’s Risk Management structure consists of three lines of defence (see diagram on the left).