African Alliance earns ISO 22301:2012


Nigeria’s foremost life insurer, African Alliance Insurance Plc, has been awarded the ISO 22401:2012 certificate for Business Continuity Management (BCM).


The certificate, which was awarded by the Professional Evaluation and Certification Board (PECB) signifies that African Alliance has met the requirements for BusinessContinuity Management (BCM).


ISO 22301:2012 is a globally recognized Business Continuity management standard developed and published by the International Standards Organization (ISO). This standard provides a model that organizations of all types and sizes can use in building an effective Business Continuity System.


ISO 22301 specifies the requirements for a management system to protect against, reduce the likelihood of and ensure a business recovers from disruptive incidents.


“We promised our stakeholders that we would be with them for life, the achievement of the ISO certificate for Business Continuity Management further validates that promise. It is another testament to our unflinching commitment to providingour customers the best of us come rain or shine,” said OlabisiAdekola, the firm’s Executive Director, Finance, who also doubles as the Business Continuity Management Leader.


“Recall that at the start of the global pandemic, African Alliance was one of the earliest to activate its Business Continuity plans which enabled us to effectively deliver on our various commitments to our esteemed customers nationwide with very little disruption,” Adekola added.


In his statement, the firm’s Brand, Media and Communications Manager, Bankole Banjo, said “For 60 years and counting, we have navigated the murkiest of waters and survived it all. The achievement of  the ISO 22301 accreditationtherefore provides further assurance that African Alliance has a robust program in place to maintain business continuity, even under the most unforeseen and challenging conditions.”


Incorporated in 1960, African Alliance is a leading life insurer with over 20 branches and sales outlets servicing over 50,000 customers nationwide.


Retirees seek upward review of pension


Meanwhile, federal pensioners have lodged a passionate appeal to President Muhammadu Buhari to speedily approve the upward review of the federal pensions, as the harsh economic realities in the country were worsening the degradation of their quality of life.


Chairman, South West Zonal Congress of Federal Pensioners in Federal Colleges of Education, Dr Stephen Fatusin, who spoke in Abuja, lamented that the current situation of pensioners was so bad that some earn as low as N8,000 per month or even less.


He noted that increasing their earnings would go a long way to alleviate the untold hardship of the poor and old pensioners, many of whom have no other source of income.


According to him, “we must confess that the current administration has been one of the very best among the various governments in this country as regards its disposition to the plight of pensioners.


“Moreover, the organisation set up to take care of pensioners’ welfare,   the Pension Transitional Arrangement Directorate (PTAD)  is now staffed with worthy directors  who are honest, hardworking and sensitive to the plight of pensioners unlike earlier ones.


“With this array of problems, we need to sound a stringent outcry for Mr President to hear our plight and act. Let him kindly borrow a leave from the practices in the more advanced countries where pensioners’ welfare is given a pride of place in the scheme of things.”

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