First Bank of Nigeria Limited, Nigeria’s most valuable banking brand, has committed to building and promoting corporate governance in Nigeria. The Bank is partnering with The Society for Corporate Governance Nigeria to host the forthcoming Annual Corporate Governance Conference for the fifth consecutive time as part of the activities slated to sustain the development of corporate governance in Nigeria. The conference themed “The Impact of Corporate Governance – The Nigerian Case” has been scheduled for September 29, 2015, at the Lagos Oriental Hotel, Victoria Island, Lagos.
The conference which also commemorates the 10th Anniversary of the Society for Corporate Governance is organised to strengthen the capacity of corporate organisations to uphold best practices in corporate governance. FirstBank is at the vanguard of the promotion of corporate governance in Nigeria and is known for stringent adherence to corporate governance standards.
The Bank distinguished itself as the first organisation in Nigeria to achieve the ISO 27001, the world’s highest accreditation for information protection and security from the International Organisation for Standardisation (ISO); BS25999 certification, the highest accreditation in Business Continuity Management received from the British Standard Institute; the new international certification on business continuity management ISO22301(Societal Business Continuity & Management System) and the Payment Card Industry Data Security Standard (PCIDSS). The certifications confirm the Bank’s ability to safeguard its assets, staff well-being and customers’ investments, and favourably respond to incidents and business disruption to ensure business continuity at all times.
Having pioneered banking and financial services in Nigeria for over 120 years, FirstBank has through these years built a sturdy institution, focusing on the fundamentals of good corporate governance, strong liquidity, risk management and strong capitalisation. According to the Bank’s spokesperson, Folake Ani-Mumuney, FirstBank is happy to be in partnership with the Society for Corporate Governance since 2011, as part of its commitment to promote corporate governance initiatives and policies, thought leadership discourse and policy influencing initiatives in Nigeria. “FirstBank also wishes to congratulate the Society for Corporate Governance on its 10th year anniversary and commends their well-articulated programmesfor the development of Corporate Governance in Nigeria through the years,” she stated.