NDIC receives three concurrent ISO certifications from British Standards Institute

The Nigeria Deposit Insurance Corporation (NDIC) has become the first public sector organization in Nigeria to be awarded three International Standards Organization (ISO) certifications by the British Standards Institute (BSI) simultaneously.

At an elaborate ceremony in Abuja, the British High Commissioner to Nigeria, represented by Natasha Anjekwu, lead trade adviser for education sector opportunities, presented the three certificates to the Corporation.

The three certifications achieved by NDIC are on Information Security Management System ISO/IEC 27001:2013, IT Service Management System ISO/IEC 200001:2011 and Business Continuity Management System ISO22301:2012.

Anjekwu described the feat as a great achievement. She said NDIC’s fulfillment of the requirement for the certification bore eloquent testimony to its adherence to international best practice in its operations.

Also speaking at the event, Olubunmi Siyanbola, the director of home finance in the Federal Ministry of Finance, who represented the Minister, also lauded the Corporation and urged it to view the development as a spur towards achieving greater heights.

Expressing her delight at the development, Nnenna Akajameli, the national coordinator/CEO SERVICOM Office in the Presidency, who was present at the event, lauded the NDIC for the feat. She urged the Corporation to view the certifications as its most valuable assets, which should spur it to greater performance.

She announced that the SERVICOM Office would project the NDIC as a model to other public institutions in its efforts to optimise service delivery among public institutions in Nigeria.

Umaru Ibrahim managing director/chief executive of the NDIC reiterated the commitment of the Corporation to lead in addressing the challenges of the financial services industry in Nigeria with a view to engendering professionalism and accountability.

The NDIC boss said the feat was consistent with the implementation of its renewable 5-year strategic plan, and its desire to be the best deposit insurer in the world by 2020. He promised that the Corporation would not rest on its oars in maintaining the standard it has set for itself.

The Nigeria Deposit Insurance Corporation successfully obtained the three ISO Certifications from the British Standards Institution (BSI) in 2017 after a rigorous process of satisfying the conditions precedent to accreditation. The British Standards Institute UK thoroughly engaged and audited the Corporation operational processes between April and July of the year to determine the conformity of the Corporation to the standards.

By these achievements, the Corporation is poised to enhance the level of its operational readiness to deliver on its core mandate while continuously improving on the service delivery to meet the expectations of its stakeholders through sound information security, efficient IT management system and a robust business continuity system.

Amongst others, there would be improved information deliverables, availability and efficient services, effective communication as well as sound internal processes that would further engender public confidence in the banking system, which would deepen financial system stability.