Risks related to counteracting corruption

Annual Report 2017 > Risk > Risks related to counteracting corruption
Highlights 2017

Risk

Risk management through active and deliberate management of the extent of risk taken
Risk management through active and deliberate management of the extent of risk taken
Efficient management of capital in order to maximize the rate of return on equity for the parent company’s shareholders.
Efficient management of capital in order to maximize the rate of return on equity for the parent company’s shareholders.
Consistency of the key elements of the integrated management system for all PZU Group’s insurance undertakings
Consistency of the key elements of the integrated management system for all PZU Group’s insurance undertakings
Supervision of subsidiaries, in particular Alior Bank and Bank Pekao, through persons designated to Supervisory Boards
Supervision of subsidiaries, in particular Alior Bank and Bank Pekao, through persons designated to Supervisory Boards
Risk management as an integral part of the management process, based on risk analysis in all processes and units
Risk management as an integral part of the management process, based on risk analysis in all processes and units
Oversight over the risk management system of the entire PZU Group
Oversight over the risk management system of the entire PZU Group
Reference Areas:
Health
Investments
Banking
Best Pratices in PZU

PZU reduces risks in the anti-corruption area chiefly by applying the following solutions:

  • Organizing training classes for employees;
  • Implementing an anti-corruption program and PZU’s Best Practices;
  • Implementing the rules for managing conflicts of interest and recording of cases of such conflicts;
  • Implementing the rules for accepting and offering gifts, keeping records of notifications about any gifts accepted or given.

 

 

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