FSDH Merchant Bank attains ISO 27001 Certification

Foremost indigenous Merchant Bank in Nigeria, FSDH Merchant Bank Limited, has announced its certification in ISO 27001:2013.

FSDH is the first among the merchant banks that were licensed by the Central Bank of Nigeria (CBN) to achieve this feat.

In a statement, the bank said it attained the feat through the hard work and dedication of its people, who are seasoned professionals in the banking Industry.

According to FSDH, the ISO 27001 Certification demonstrates that FSDH has placed information security as priority while reassuring stakeholders that a best practice system is in place, and compliance with CBN banking industry IT Standards is achieved.

The certification, the bank added, would further enhance investors and customers’ confidence in its system and processes that is regarded as the best in the industry.

Managing Director and Chief Executive Officer of FSDH Merchant Bank, Rilwan Belo-Osagie, said the company will continue to do its best to maximise shareholder value.

He said the bank plans to do this by constantly realigning and diversifying its operations to take full advantage of unfolding opportunities as they arise.

Belo-Osagie stated that its experience as a discount house has helped the FSDH Merchant Bank expand the frontiers on the banking industry.

He said, “The year 2015 marks the third year of our operations as a merchant bank. We intend to continue with our time tested conservative approach of building a portfolio of risk assets that will stand the test of time; while ensuring that we meet the demands of our customers through the provision of world class financial services at all times.”

He added that the bank has since starting operation offered a broader range of services to its clients thereby, deepening its client relationships, in line with the approval it secured from the Central Bank of Nigeria to commence merchant banking operations.

He said, “In continuation of the company’s tradition as a pioneer in the finance industry, FSDH became one of the first merchant banks to be awarded a licence in Nigeria since the repeal of Universal Banking by CBN in 2010.

 

HOPE MOSES-ASHIKE