First Bank Recertifies ISO22301

Fri, Feb 20, 2015
By publisher
3 MIN READ

Banking Briefs

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THE First Bank of Nigeria Limited has announced that it has achieved the recertification of the International Business Continuity Management ISO22301 (Societal Security: Business Continuity Management System). The feat, the bank explained in a statement, accentuates its commitment to constantly delight its customers through excellent service delivery whilst ensuring the safety and protection of customers’ investments as well as its assets.

It explained that the recertification was achieved after it successfully completed the three-year certification maintenance cycle, which encompasses the annual surveillance audit for two years and a rigorous recertification audit recently conducted by the British Standard Institute, BSI. “Having been the first institution in Nigeria to achieve the BS25999, global Certification on Business Continuity Management in 2011, and upgrade to the new international certification on Business Continuity Management – ISO22301 in 2013, this recertification has again demonstrated the bank’s sustained leadership position in the industry and its continued investment in business architecture designed to withstand the full spectrum of downside risks to our operations,” it added.

According to Bisi Onasanya, group managing director of the bank, the attainment of the feat reassures customers of the bank’s resilience and continuous improvement in line with global best practices. “Ultimately, this elevates the First Bank brand, underpinning its competitive advantage and reinforcing the confidence of its stakeholders in their relationship with the bank,” he said.

Onasanya noted that the bank would continue to imbibe the BCM culture in a sustainable manner and make the desired progress in this regard. “This is consistent with our brand promise to always put our customers first and deliver the ultimate gold standard of value and excellence.”

Stanbic IBTC Bank Trains SME Operators

Sola David-Borha, Stanbic IBTC, CEO
Sola David-Borha, Stanbic IBTC, CEO

AS part of the efforts to build a viable Small and Medium Enterprises, SME, in Nigeria Stanbic IBTC Bank has organised a capacity building workshop to equipped SME operators with financial, marketing and management skills they could readily deploy to transform and grow their businesses.

Obinnia Abajue, executive director, personal and business banking, Stanbic IBTC Bank, in a statement said the SME sector was pivotal to the economic growth and development of any nation and that Nigeria is no exception. He said this was why the seminar was conceived to ’ exposure SME operators to modern and innovative marketing, financial and management skills that are useful to their businesses, which will help them to attract the necessary funding for growth.

The bank is committed to building a strong SME base in Nigeria by empowering operators with the right business skills and adequate funding, among others. “Stanbic IBTC Bank has a rich pedigree of building capacity for the SMEs and providing the much-needed support in terms of funding and skills acquisition because we understand the important linkages provided by the SMEs to industries and employment generation. This seminar is one of several ways the bank continues to build capacity in the SME sector,” he said.

Abajue observed that the course content for the workshop and the resource persons were carefully chosen to ensure that more than 400 participants derived maximum benefits from the seminar. He said the seminar course content was streamlined to include essential topics such as building financial records, achieving success in marketing, business planning, and people management, adding that it was a unique offering by Stanbic IBTC to develop and sharpen the participants’ business skills.

— Mar. 2, 2015 @ 01:00 GMT

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