Heta Asset Resolution AG controls and monitors its risks across all business segments, with the aim of optimising its risk/performance profile and ensuring the ability to bear risks at any time, thus protecting the Bank’s creditors. To this end it influences the business and risk policies of its strategic and other holdings through its involvement in shareholder and supervisory committees. In the case of the Group‘s strategic and other holdings, compatible risk control processes, strategies and methods are implemented.
Ensuring adequate risk management and controlling structures and processes is the responsibility of the Group’s Chief Risk Officer (CRO), who is a member of the Heta Asset Resolution Executive Board.
Detailed information on risk management is available only in German language in the Offenlegungsbericht according to the Austrian Offenlegungsverordnung (Off-VO).