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Union Bank Attains Triple Management System Certifications from MSECB

adminadminMay 6, 2024 3351 Minutes read0
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By Olaide Ajibola, JKNMedia Reporter

UNION BANK, a prominent financial institution in Nigeria, has achieved a significant milestone by obtaining the MSECB management system certification in ISO/IEC 270001:2022, ISO 22301”2019, and ISO/20000-1:2018.

These certifications, awarded by MSECB, a leading international provider of audit and certification services, validate Union Bank’s adherence to management system requirements covering Information Security, IT Service Delivery, and Business Continuity standards under the combined Information Management Systems (IMS) standards.

ISO/IEC 27001:2022, ISO 22301:2019 and ISO/IEC 20000-1:2018 are internationally recognized standards that outline the requirements for establishing effective information management systems to safeguard against data breaches, IT system compromises, and disruptions to business processes.

The bank’s attainment of these certifications reinforces its commitment to providing customers with enhanced data security, innovative banking solutions, and seamless service delivery through its advanced banking network.

Chief Information Security Officer, Union Bank, Francis Mojoyinola, expressed satisfaction with the bank’s achievement, emphasizing the importance of adhering to international best practice in information and security management to ensure the highest standards of service for customers.

MSECB Management System Incorporated, renowned for certifying management system based on global standards, conducted the rigorous assessment that led to the Union Bank’s certifications.

They specialize in auditing and certifying management systems across various fields, including Information Security, Quality Management, Business Continuity and Service Management.

The bank’s recent accomplishment builds upon its previous certifications, including the recertification of Payment Card Industry Data Security Standard (PCI DSS) version 3.2 and the International Organization for Standardization ISO/IEC 27001:2013 certification obtained in 2018.

Established in 1917 and listed on the Nigerian Stock Exchange in 1971, Union Bank of Nigeria Plc, has earned a reputation as one of Nigeria’s most trusted financial institutions.

With over 300 branches nationwide, the bank offers a wide range of banking services to both individual and corporate clients, including current and savings accounts, funds transfer, loans and electronic banking channels such as Online Banking and Mobile Banking, among others.

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