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Access Bank gets ISO 22301 Business Continuity Management Certification

News » Business

IMAGE: Ojini Olaghere, executive director, operations and IT, Access Bank, »


Access‎ Bank plc has been awarded the International Organisation for Standardisation, ISO, 22301:2012 certificate for ‘Societal Security – Business Continuity Management Systems.’

The award was presented to the bank by the British Standard Institute, BSI, after about three months of rigorous business impact analysis across all the departments of the bank.

Speaking during the presentation of the certificate in Lagos, Obinna Nwosu, group deputy managing director of Access Bank, said “‎the certification is based on international best practices deployed by the bank to manage business continuity.”

According to him, the ISO 22301:2012 specifies requirements to plan, establish, implement, operate, monitor, review, maintain and continually improve a documented management system to prepare for, respond to and recover from disruptive events when they arise.

He said: “The ISO 22301 standardization certification will help improve the bank’s business by ensuring planned, effective Business Continuity Management at all levels, including: Organisation-wide identification and understanding of critical business processes and the impact of disruption, timely and orderly responses to incidents/business disruptions.

‎”Access Bank deserves the certification which is coming on the heels of the bank’s recognition earlier in the year, as the best Nigerian company in corporate citizenship in the first ever competitive index on corporate social responsibility in Nigeria by the CSR-in-Action. “We also won the Best Bank in CSR at the recently held Business Day award as well as being rated B by Fitch and A+ by Agusto & Co.”

He commended staff of the bank’s operational Risk Management, Information Technology, among others, for their commitment to the project and concerted effort in achieving the feat, adding that the Board and Management of the bank is committed to business continuity across the bank.

Speaking in the same vein, Ojini Olaghere, executive director, operations and IT, Access Bank, assured all its stakeholders that the bank will sustain the certification, saying the award was not only for the bank, but for Nigeria, as “this is just the beginning of more things to come for the bank.”

Article Credit: Businessdayonline

Updated 4 Years ago

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Tags:     Access‎ Bank plc     Obinna Nwosu     Ojini Olaghere