Risk Management Policy

Bangkok Aviation Fuel Services PCL’s vision is to be a leader in aviation fuelling services and other related businesses. The company’s management and staffs are aware of the responsibility to act according to this guideline and to control risk within the acceptable level to enable the company to achieve its operating mission.

Risk Management guideline

1. Every department is responsible for setting its own purpose to control risk and create risk evaluation table, setting risk index and reporting on risk relating issue according to the firm-wide practice.
2. Risk indicator and Risk control that affect the department’s purpose will be systematically created to maintain an acceptable risk level for the company.
3. Level of acceptable risk must be approved by the risk management board before implementation.
4. An evidence of risk that could affect company must be reported to the responsible party at the soonest to allow for necessary action.

All risk management procedure and guideline must be strictly followed on a continuous basis under the monitoring of Risk Management board and Company Management.