FCMB obtains ISO certification for quality management
Leading financial services provider, First City Monument Bank (FCMB), received the prestigious International Organization for Standardization (ISO) 9001: 2015 certificate for Quality Management System. The Bank received the certificate from the Standards Organization of Nigeria (SON), following a comprehensive audit and evaluation exercise conducted by the Organization. The exercise covered departments and branches of the lender across the country.
The development follows on from FCMB’s renewed strategic orientation, which has considerably deepened its core values of professionalism, sustainability, customer focus and excellence. Throughout this process, it was observed that the Bank has successfully redesigned and streamlined its processes, procedures and systems to meet the best global standards.
ISO 9001: 2015 is the most widely used quality management system in the world. It provides a framework that ensures that organizations are able to consistently meet customers and other applicable requirements. It consists of policies, processes and procedures necessary for planning and execution that ensure continuous improvement and operational efficiency in the main areas of activity of an organization. This helps mitigate risk, optimize opportunities and the organization is able to deliver better products / services and a great sustainable stakeholder experience.
FCMB’s SON audit covered key areas including organizational context, leadership, planning, support and operations. Others were performance evaluation and improvement. As a result, SON said in its report that it found that the Bank had put in place and implemented “good practices, high quality management system awareness and risk mitigation / mitigation built into each. process activity ”.
He added that the lender also ensured “ adequate evaluation of monitoring, measuring, reporting and reviewing performance against key performance targets, service delivery was under control and customer satisfaction monitored. and analyzed ”.
In his comment at the certificate ceremony on May 16, 2018 in Lagos, FCMB Managing Director Mr. Adam Nuru described the laurel as another milestone in the Bank’s commitment to achieve excellence. in all aspects of operations and service delivery. .
“The award of the ISO 9001: 2015 certificate is a testament to our ability to consistently demonstrate our commitment to continuous improvement in order to meet the ever-changing needs of our valued customers, and in response to market demands and global dynamics. We regularly conduct an internal assessment of the risks and opportunities inherent in our business and subsequently take proactive measures to mitigate identified risks, while maximizing opportunities for the ultimate benefit of our clients, stakeholders and the country. ” , did he declare.
While expressing his gratitude to SON for the award, Mr. Nuru added that “this is further proof that the focused execution of our strategic plan, systems, processes and procedures is delivering the desired results and recognition. Our goal is to make FCMB the centerpiece of excellence. ”
In his speech, the Director General / CEO of the Standards Organization of Nigeria (SON), Mr. Osita Aboloma, congratulated the FCMB for having distinguished itself as an organization committed to a culture of improvement. continuous, professional and best practices. According to him, “this achievement is a demonstration of the compliance of the Bank’s management system with the requirements of internationally acceptable standards with an emphasis on continuous improvement”.
Mr. Aboloma, who was represented by SON’s Director of Standards, Ms. Chinyere Egwuonwu, added that “ the ISO 9001: 2015 quality management system approach now provides FCMB with a robust, globally recognized and acceptable solution. to meet the associated challenges. by constantly meeting the requirements and meeting the future needs and expectations of your customers in an increasingly dynamic banking and commercial environment. The adoption of the latest version of the ISO 9001: 2015 quality management system reflects your vision to be the leading financial services group of African origin. It is also an indication of the focus on customer satisfaction. ”
First City Monument Bank (FCMB) Limited is a member of FCMB Group Plc, which is one of the leading financial services institutions in Nigeria with market leading subsidiaries in their respective segments. After successfully transforming into a group led by retail and commercial banks, FCMB hopes to continue to differentiate itself by providing exceptional service, while enhancing growth and achieving the personal and business aspirations of its clients.