23 October 2014, Lagos – Access Bank has been awarded the International Organization for Standardization, 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, Group Deputy Managing Director of Access Bank, Mr. Obinna Nwosu, 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: Organization-wide identification and understanding of critical business processes and the impact of disruption, timely and orderly responses to incidents/business disruptions.