The Risk Management Committee is a supporting body established to identify, assess, manage, and monitor risks faced by the Company. The primary objective of the Committee is to ensure that such risks are managed effectively, enabling the Company to better achieve its business objectives.

Membership of the Risk Management Committee

• Rosalina Dhanudimuljo

Chairwoman of the Risk Management Committee.

• Henry Ricardo Liasnawi

Member of the Risk Management Committee.

• Ricky Faerus

Member of the Risk Management Committee.

• Raden Agung Hendrawan

Member of the Risk Management Committee.

Education Background 

The educational background of the members of the Risk Management Committee of PT Sinar Mas Multifinance is as follows : 

• Rosalina Dhanudimuljo
  Bachelor’s degree in Economics (Management), Universitas Katolik Parahyangan, Bandung (1985).
• Henry Ricardo Liasnawi
  Bachelor’s degree in Economics (Accounting), Universitas Tarumanagara (2013).
• Ricky Faerus
  Bachelor’s degree in Economics, Universitas Pasundan, Bandung.
• Raden Agung Hendrawan
  Bachelor’s degree in Engineering, Institut Teknologi Sepuluh Nopember (ITS);
  Master’s degree in Finance Management, Universitas Indonesia.

Term of Office

The Company established the Risk Management Committee pursuant to Board of Directors Resolution No. 002/SMMF-CORSEC/VI/2025 dated June 2, 2025, appointing Rosalina Dhanudimuljo as Chairwoman, with Henry Ricardo Liasnawi, Ricky Faerus, and Raden Agung Hendrawan as Members.

Training

Throughout the 2024 financial year, members of the Committee attended training and seminars including :

• National Seminar on Financing Challenges 2024 (APPI – Jakarta).
• APPI National Seminar: “Financing Challenges Amid Geopolitical & Economic Changes” (Jakarta, 2024).
• National Seminar: Economic Outlook 2025 (APPI – Jakarta, 2024).
• Recognizing Emerging Risks and Opportunities in Portfolio Diversification (GRC Management – Jakarta, 2024).
• Risk Management Certification (BSMR and SPPI – Jakarta, 2024).
• Financial Recovery Plan (M Knows – Jakarta, 2024).

Independence of the Committee 

Independence is a key element in ensuring the objectivity and credibility of the Risk Management Committee. An independent risk management process allows the Committee to provide unbiased analysis aligned with the best interests of the Company.

The main principles of independece are as follows :

• Separation from Operational Management
  Members must be independent of daily operations to ensure objectivity in risk assessments.
• Decision-Making Independence
  Members must be free to make decisions without influence from internal or external parties.
• No Direct Involvement in Risks Evaluated
  Members must not have direct relationships or interests in the risks being reviewed to avoid conflicts of interest.
• Freedom from External Influence
  The Committee must remain free from external parties, such as vendors or business partners, that may compromise objectivity.
• Periodic Evaluation of Independence
  The Committee must periodically evaluate its independence to identify and mitigate potential conflicts of interest.
• Competence and Credibility
  Each member must possess expertise in risk management and a strong understanding of the Company’s business to support sound decision-making.
• Independent Reporting to the Board of Directors
  The Committee has the right to report directly to the Board of Directors, bypassing operational management, thereby enhancing transparency.
• Compliance with Standards and Regulations
  The Committee must perform its duties in line with internal guidelines, good corporate governance practices, and applicable regulatory requirements.

By upholding independence, the Risk Management Committee provides significant value to the Company through effective, credible, and strategically aligned risk management.

Duties and responsibilities
The duties and responsibilities of the Risk Management Monitoring Committee are as follows : 

• Risk Identification
  Identify potential risks that may affect the Company, such as credit, operational, market, liquidity, and reputational risks.
• Risk Evaluation
  Assess the level of risks and their impact on the Company’s sustainability and financial soundness.
• Policy Development
  Formulate relevant risk management policies, frameworks, and procedures tailored to the Company’s circumstances.
• Monitoring and Reporting
  Conduct regular monitoring of identified risks and prepare comprehensive risk reports for submission to the Board of Directors as input for strategic decision-making.

Meeting Frequency and Attendance

The Committee met four times during 2024, with an attendance rate of 100%.