FCMB gets management system certification

First City Monument Bank (FCMB), has been awarded the International Organisation for Standardisation (ISO) 9001:2015 certificate for Quality Management System.

The bank was presented with the certificate by the Standards Organisation of Nigeria (SON), following a comprehensive audit and evaluation exercise conducted by the Organisation, which covered departments and branches of the lender nationwide.

The development is coming on the heels of the renewed strategic focus of FCMB, which has significantly deepened its core values of of Professionalism, Sustainability, Customer Focus and Excellence.

Through this process, it was observed the bank had successfully overhauled and streamlined its processes, procedures and systems to meet best global standards.

The Managing Director of FCMB, Mr. Adam Nuru, described the laurel as another milestone in the commitment of the bank to attain excellence in all aspects of operations and service delivery.

“The award of ISO 9001:2015 certificate is an endorsement of our ability to consistently demonstrate commitment to continuous improvement in order to match the ever-changing needs of our esteemed customers, and in response to market demands and the global dynamics.

“We regularly ensure the internal appraisal of the risks and opportunities inherent in our business and thereafter take proactive steps to mitigate the identified risks, while optimising the opportunities for the ultimate benefit of our customers, stakeholders and the country’’, he said.

The Director-General/Chief Executive, SON, Osita Aboloma, commended FCMB for distinguishing itself as an organisation committed to a culture of continuous improvement, professionalism and best practices. According to him, ‘’this achievement is a demonstration of the Bank’s management system’s conformity to internationally acceptable standard requirements with focus on continual improvement’’.

Aboloma, represented by his Director of Standards, Mrs. Chinyere Egwuonwu, added that, ‘’the ISO 9001:2015 Quality Management System approach now provides FCMB a robust, globally recognised and acceptable solution to address the challenges associated with consistently meeting requirements and addressing future needs and expectations of your customers in an increasingly dynamic banking and business environment.

“The adoption of the latest version of ISO 9001:2015 Quality Management System framework reflects your vision to be the leading financial services Group of African origin. This is an indication of focus on customer satisfaction too’’.

The ISO 9001:2015 is the most widely used quality management system globally that provides a framework for organizations to meet customers’ and other applicable requirements consistently.

It consists of policies, processes and procedures required for planning and execution that guarantee continuous improvement and operational efficiency in the core business areas of an organization.

This helps to mitigate risks, optimise opportunities and the organization is able to deliver better products/ services and sustainable excellent stakeholders experience.

The SON audit of FCMB covered key areas including context of the organisation, leadership, planning, support and operation, as well as performance evaluation and improvement.

Following this, SON stated in its report that, it discovered that the bank had put in place and implemented, ‘’good practices, high quality management system awareness and risk/mitigation inbuilt in each process activity.”