Kwacha Financial Growers Ltd have no experience doing business with mining organisations but the board has resolved to look at this as an opportunity considering the company is currently undergoing serious financial and operational challenges. Kwacha Financial Growers Ltd had just finalised the development of a risk management framework and the board has just approved it$.$ The Chief Executive Officer for Kwacha Financial Growers also serves as the Chairperson of the board You have just been appointed as the Chief Risk Officer in charge of Risk, Compliance and Governance for Kwacha Financial Growers Ltd

REQUIRED

You are required to prepare a Risk Report to the Kwacha Financial Growers Ltd Board to cover and providing details on the matters listed below:

a$)$ Identification and explanation of the $5$ main pillars of an effective risk management framework. $(10$ Marks$)$

b$)$ The identification of the top $10$ risks facing the company with proposals on how to mitigate them. $(20$ Marks$)$

c$)$ The explanation of the steps to be taken to ensure the key identified stakeholders are engaged and managed. $(10$ Marks$)$

d$)$ Highlighting the top Environmental, Social and Governance challenges that need to be addressed as a matter of urgency. $(10$ Marks$)$

The Risk Report should be addressed to the Board Chairman, copying in the Chief Executive Officer.

Please Note. Bonus $4$ marks will be awarded for the Board Report presentation format.