Premium Pension Receives Two ISO Recertification

Premium Pension Limited, one of the leading Pension Fund Administrators (PFAs) in Nigeria, received two International Standard Organisation (ISO)’s recertifications recently.

The ISO recertifications are on Information Security Management System (ISMS) ISO 27001:2013 and Quality Management System (QMS) ISO 9001:2015.

Going through the websites of Pension Fund Administrators in Nigeria, Premium Pension is the only operator with two ISO certifications.

Premium Pension became the first among all the PFAs in the country to receive ISO 27001 Information Security Management System Certification under the auspices of British Standard Institute (BSI) in the year 2015.

This has succeeded in earning the confidence of its customers in Information Security Management because of this remarkable certification.

With a view to consolidate on the success recorded and value addition obtained from the ISO 27001 (ISMS), the company, in the year 2018, was certified to another ISO Certification in the category of Quality Management System (QMS) ISO 9001.

A recertification audit was successfully conducted in Year 2018 and second recertification audit was also conducted in August 2021 by the British Standard Institute (BSI).

Commenting on the recent development, the company’s Board Chairman, Mr. Ibrahim Babayo, said: “The achievement of recertification is a visible proof of the Company’s commitment to meet internationally-accepted data security standard.

“Premium Pension is the first among PFAs to achieve this feat which has been attained through hard work and dedication of our Board, Management and staff who are seasoned professionals in the pension industry.”

While expressing his delight, the Managing Director and Chief Executive Officer, Mr. Umar Sanda Mairami, said: “The sustained certifications is an indication that PPL takes information security a priority, reassuring stakeholders that the company deploys robust infrastructure and systems towards achieving its vision of creating value for all stakeholders.”

He further added: “The recertification would strongly reinforce the confidence of Retirement Saving Accounts holders, retirees, regulators and other stakeholders in Premium Pension.”

The ISO 27001 Information Security Management System (ISMS) is a holistic security architecture that guarantees the absolute protection of information asset.

With this certification in place, the company has shown commitment to efficiently manage the information of its customers and other stakeholders.

In addition, the ISO 9001 on Quality Management System (QMS) is aimed at consistently providing effective service that meet the needs of customers and other relevant stakeholders.

It is also, geared towards quality operations to meet the International Quality Management standard as it outlines a benchmark to consistent performance and service delivery. Premium Pension Limited is one of the pioneer licensed Pension Fund Administrators, which started operations in the year 2005.

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