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Monday 10 August 2015

HERITAGE BANK AGAIN!!! BAGS ISO AWARD SETTING NEW BANKING RECORD




Heritage Bank Bags ISO Award, Sets New Banking Record
As a brand built on a legacy of innovation, Heritage Bank
has yet again achieved another milestone with the ISO/INEC
27001:2013 certification award in recognition of its
commitment to effective and secured financial system. The
bank has also set a record as the only bank in Nigeria to
get this certification award in less than three years of
operation.
It has, by this certification, joined the league
of big players in the industry, including the Central Bank
of Nigeria, CBN which are ISO/INEC 27001 compliant.
The award was presented on behalf of the British government,
to the bank in Lagos on Wednesday, 5th August, 2015 by the
Deputy High Commissioner in Nigeria, Mr. Ray Kyles.
Kyles commended the bank for setting high standard in the
financial industry and pledged the continued support of the
British government for Nigeria’s financial institutions.
“It is not an easy task. This award remains a cornerstone
of your reputation,” he said.

While receiving the award, the Managing Director of the
bank, Mr. Ifie Sekibo, noted that banking is a business of
risks management, from assets to data, adding that it is
fundamental that whatever a customer keeps in a bank is in
safe custody. “This is a day to beat our chest. Heritage
Bank is an idea, not a bank. We are a service company

providing banking service; and we are the best in the class
of security of our information systems. It means funds kept
with us are safe. This award is a validation of our mission
to promote high ethical standards, integrity, and good
business practices,” he said.
Sekibo stated that innovation is inevitable for the banking
industry. This, he said, is due to changing dynamics across
the globe which has penetrated banking. He therefore,
reiterated the commitment of his bank to introducing more
innovative banking products and services to meet the needs
of its customers.
Solomon Edun, Managing Director of Global Infoswift, the
consultant to the project explained that the certification
is a rigorous exercise that confers internationally
recognised standard on the recipient. He added that the
award is the most rigorous certification in terms of
information, process/data and asset security.
He assured that the certification will put Heritage Bank in
a good stead to protect the funds of its customers and
frustrate efforts by fraudsters to access their information
and assets.
Over the years, substantial part of banks’ revenue were

lost to fraud with no single bank spared.
From the Financial Institutions Training Centre, FITC report
on Frauds and Forgeries in Banks (January – September
2014), a total of 8,502 cases were reported. The total
amount of money involved was N23.34 billion, out of which
N3.01 billion was actually lost.
But the ISO 27000 family of standards helps organizations
keep information assets secured. It also helps organizations
manage the security of assets such as financial information,
intellectual property, employee details or information
entrusted to you by third parties.
The ISO/IEC 27001 is regarded as the best-known standard in
the family providing requirements for an Information
Security Management System, ISMS.
The ISO, which emanated from the British Standard Institute,
BSI is an independent, non-governmental organization, the
members of which are the standards organization of the 164
member countries.
It is the world's largest developer of voluntary

international standards and facilitates world trade by
providing common standards between nations. Nearly 20,000
standards have been set covering everything from
manufactured products and technology to food safety,
agriculture and healthcare.



About Heritage Bank
Heritage Bank is a leading Nigerian bank with an excellent
service culture hinged on working with each customer to
create a name and financial services lifestyle heritage for
today and for future generations. With the ideals of>

Service, Performance, Respect, Integrity, Innovation,
Tenacity and Excellence forming its core values, Heritage
Bank is positioned to redefine the concept of banking for
the quintessential customer.
Riding on ethos of legendary African centred world view of
wealth, as shown in the naming convention of the bank’s
divisions- Ivory, Manilla, Cowry and Coral Banking, Heritage
Bank is dedicated to being not just a catalyst for growth in
the Nigerian financial sector, but an ambassador for
showcasing the global quality that Nigeria possesses. As a
key player in banking and financial intermediation, the Bank
continually seeks to promote high ethical standards,
integrity and good business practices anchored on a legacy
of cutting edge innovation driven by technology and
partnership to create, preserve and transfer wealth across
generations.

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