The Strategic Risk Management Plan of the Oil Fund (2015-2019)

Abstract

This is a study of The Strategic Risk Management Plan of the Oil Fund of Thailand (2015-2019). Its objectives are: (1) to analyze the risk of the Oil Fund (2) to analyze the synchronize of The Strategic Plan of the Oil Fund (2015-2019) with the risk of the Oil Fund (3) to propose The Strategic Risk Management Plan of the Oil Fund (2015-2019). This research collects and descriptively analyzes from documentary and secondary data of the Oil Fund and interviews the officers who concern and the stakeholders. The results show that: (1) The Strategic Risk Management Plan
of the Oil Fund (2015-2019) can be divided into the following 4 risk characteristics or factors. There are strategic risk, operational risk, financial risk, and compliance risk, (2) risk factors of The Oil Fund are align with strategic issues which served vision and mission of The Strategic Plan of the Oil Fund, and (3) individual risks require the concrete measures containing initiative activities with clear objectives, and key indicators for The Strategic Risk Management Plan implementation.