First City Monument Bank Plc (FCMB) gets ISO 9001 certification
First City Monument Bank (FCMB) was yesterday 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 an audit and evaluation exercise conducted by the Organisation. The exercise 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 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 ISO 9001:2015 is the most widely used quality management system globally. It provides a framework that ensures that organizations are able 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 organisation 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. Others were 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’’.
It added that the lender also ensured, ‘’adequate evaluation of performance monitoring, measurement, reporting and reviewing against key performance objectives, service provision was under control and customer satisfaction monitored and analysed’’.
Speaking on the award, the Managing Director of FCMB, 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.
Director General/Chief Executive, Standards Organisation of Nigeria (SON), Osita Aboloma, commended FCMB for distinguishing itself as an organisation committed to a culture of continuous improvement, professionalism and best practices.
