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Ecobank gets business management certification

By Editor
24 March 2017   |   4:34 am
It specifies requirements for organisations 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.

Ecobank

Ecobank Nigeria Limited has been awarded the International Organisation for Standardisation, ISO 22301 certificate for ‘Business Continuity Management Systems.

This certification is achieved way ahead of the Central Bank of Nigeria’s deadline date of June 2018, for all financial institutions to get certified.
ISO 22301, the world’s first international standard for Business Continuity Management (BCM), has been developed to help organisations minimise the risk of disruptions.

It specifies requirements for organisations 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.

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

Commenting, Charles Kie, Managing Director, Ecobank Nigeria, said the award attest to the Bank’s deliberate effort at ensuring its operations deliver sustained, consistent and exceptional services to customers; and also meeting the expectations of all stakeholders even in the event of any disruption.

Further, he maintained that Ecobank has instituted internationally accepted standard that guarantees the security of its customers’ information, the ability to consistently provide quality service and its capacity to resume business operation within a pre-defined timeframe in the event of any disruption.

The Bank embarked on gaining the certification late last year in order to align with international best practice and meet the increasing expectations of its various stakeholders.

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