The year 2024 is shaping up to be one that combines optimism and caution. Geopolitical contagion and economic headwinds continue to cloud companies’ planning, while market optimism and bullish prospects on emerging technologies ignite hope for better days ahead. General counsel share with ALB the risks they perceive, and how they plan to hedge against them.
AS A GENERAL COUNSEL, WHERE DO YOU SEE THE BIGGEST RISKS IN 2024, AND HOW ARE YOU AND YOUR TEAM LOOKING TO MITIGATE OR GUARD AGAINST THESE RISKS?
CHITANONG POOMIPARK, chief legal officer, Dusit International: I am committed to ensuring that we proactively identify and address potential challenges to safeguard the Dusit Group’s operations. Here is an overview of the key risks we foresee, and the mitigation measures we are implementing:
Regulatory compliance: Evolving regulations in the hospitality industry may pose compliance challenges. Our legal team stays abreast of legislative changes, and engages in ongoing compliance training, to ensure proactive adherence to all relevant laws.
Cybersecurity threats: Increasing sophistication of cyber threats target customer…