Brantas Abipraya Wins Enterprise Risk Management Award
Jakarta, January 24 2023 - PT Brantas Abipraya (Persero) demonstrates its commitment to implementing effective risk management to increase competitiveness towards a Golden Indonesia 2045. This is proven by winning the Indonesia Enterprise Risk Management Award IV for the company's performance in 2023, especially in consistency of State-Owned Enterprises (BUMN) operating in the construction sector in implementing effective risk management. This award was received directly by SVP Business Development and Risk Management Brantas Abipraya, Ahmad Sabiq.
“This achievement lies not only in identifying potential risks, but also in targeted mitigation strategies and continuous monitoring. "Brantas Abipraya will always be consistent in creating a solid foundation for the continuity of the Company's operations, as well as being able to provide trust to stakeholders and respond quickly to market dynamics," said Suradi, Director of Finance and Risk Management at Brantas Abipraya.
He also said that this award is a motivation for Brantas Abipraya to always implement risk management so that it can perform well, as well as grow and develop. With a firm focus on improving work performance and minimizing operational risks, the company regularly organizes risk management training and certification as an effort to strengthen the understanding and competence of the Risk Management Management Organ.
Separately, Sugeng Rochadi, President Director of Brantas Abipraya said that this BUMN is ready to set an example that deserves appreciation in protecting and creating value to achieve sustainable excellence.
“Risk management has a critical role to play in achieving sustainable growth, strengthening understanding of best practices in risk governance, and integrating them with strategic business objectives,” he added.
The award in the event of the Indonesia Enterprise Risk Management Award IV with the theme "The Importance of Financial, Operational, and Technological Risk Mitigation in Order To Elevate Company Value In 2024" confirms Brantas Abipraya's success in reducing business losses, improving strategic decision making, ensuring compliance with regulations, and responding to crises efficiently. The company's dedication to excellence, supported by advanced Information Technology facilities such as RISMA (E-RISK), achieved recognition as The Best Indonesia Enterprises in Risk Management.
"We would like to express our thanks very much for the appreciation given, also to the Abipraya people who have worked hard, intelligently and loyally to the Company so that this achievement can be achieved. "This award is a motivation for Brantas Abipraya to always implement risk management so that it can perform well, and grow and develop," concluded Suradi.