Parallex Bank Secures ISO Recertification, Strengthens Leadership in Security and Service
Parallex Bank Limited has once again raised the bar in operational excellence and risk management, following its successful recertification for three global ISO standards. The certifications reaffirm the Bank’s commitment to innovation, resilience, and service quality in the ever-evolving financial services landscape.
The Bank was recertified for ISO 27001:2022 (Information Security Management System), ISO 20000:2018 (IT Service Management System), and ISO 22301:2019 (Business Continuity Management System). Parallex Bank first secured these certifications in 2022 and has now sustained compliance after a rigorous three-year review process, demonstrating its ability to continuously meet international benchmarks.
The recertification carries significant implications for the Bank and its stakeholders. It reaffirms continued compliance with global standards and reduces the risk of regulatory non-compliance. It also strengthens customer and stakeholder confidence by underscoring the Bank’s ongoing commitment to security, service quality, and business continuity.
In attendance at the certificate presentation were Olufemi Bakre, Managing Director of Parallex Bank; Matthew Okojie, Executive Director; Dr. Orlando Odejide, Managing Partner at ATS; Sunni Oteqwu, CBDO, PSE; Akinshola Akintilo, Chief Information Security Officer, Parallex Bank; James Udensi, Head of IT Operations; and Ademola Adeshola, Head of Brands and Communications.
Speaking during the ceremony, Dr. Odejide emphasized that: “the theme for the future is Artificial Intelligence,” stressing the importance of organizations moving into the technological shifts that will define the next decade.
In his own remarks, Olufemi Bakre expressed appreciation for the certification and acknowledged the collective effort of the team and partners that made it possible. He reaffirmed the Bank’s ambition to lead in innovation, stating,
“We don’t want to be a follower but an institution to be followed. At Parallex Bank, we have frameworks in place to remain a top runner in technology adoption and innovation in the industry.”
The recertification demonstrates Parallex Bank’s resilience and forward-thinking strategy as it continues to enable limitless possibilities for individuals, businesses, and communities. With frameworks that prioritize security, efficiency, and continuity, the Bank remains firmly positioned as a trusted partner in Nigeria’s banking industry.
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Source: Legit.ng
