The Board Risk Management Committee (BRMC) provides oversight of the management of risks that could lead to financial loss, disruption to operations, failure to attain objectives or damage to the IILM’s reputation. Additionally, the  BRMC oversees the management’s activities in managing credit, market, liquidity, operational, reputational, and other risks, while ensuring that appropriate risk management processes are in place and functioning well.

The members of the BRMC are appointed for a term of three years by the Governing Board or their representatives, and they may be reappointed for further periods.