ICAAP – Risk Assessment

The Risk Oversight Committee (ROC) of DBP is at forefront of the Bank’s risk management initiatives and activities , assisting the DBP Board of Directors in fulfilling its statutory responsibilities of ensuring the adequacy of Bank’s risk management systems, operating policies and in setting the risk culture and appetite. They also play an active role in overseeing the conduct and documentation of the Internal Capital Adequacy Assessment Process (ICAAP).

A recent ICAAP-Risk Assessment was conducted on December 15, 2023, at the DCI premises by Ms. Carla Capuno and Mr. Renato Carmona Jr. with the participation of DCI ManCom- Ramon Enriquez, Business Development Department Head; Mr. Bayani Asuncion Jr., Technology and Innovation Department Head; Ms. Marjerie Buenviaje, Corporate Affairs Department Head; Mr. Marco Ustaris, Human Resource Department Head; and Ms. Gina Gonzales, Finance Department Head.

The ICAAP provides oversight to ensure that a strong risk governance framework is in place, and adequate and effective risk policies, procedures, and controls exist.olicies, procedures, and controls exist.