Security Bank Corporation has achieved a major milestone in its commitment to operational resilience, receiving the ISO 22301:2019 certification for Business Continuity Management from The British Standards Institution (BSI). The prestigious certification was presented during an awarding ceremony held at Security Bank Centre on 12 December 2024.
ISO 22301:2019 is the international standard for business continuity, ensuring that organizations have the capability to continue operations and maintain service delivery during disruptive events. By securing this certification, Security Bank has proven its ability to withstand crises, recover swiftly from disruptions, and ensure uninterrupted service to its customers and stakeholders.
“This achievement underscores Security Bank’s resilience, operational rigor, and dedication to maintaining service continuity in the face of challenges,” said Luz Pilar De Guzman, executive vice president and chief risk officer of Security Bank. “The rigorous certification process, coupled with our collective effort and unwavering leadership commitment, has reinforced the bank’s ability to navigate risks effectively and recover quickly, enhancing our reputation as a reliable and customer-centric institution.”
The ISO 22301 certification is a key component of the Bank’s broader risk management strategy, which aims to prepare the organization for unforeseen events while safeguarding the interests of customers, investors, and regulatory bodies. The certification process involved a comprehensive review of Security Bank’s Business Continuity Management System (BCMS), including its response plans to various crisis scenarios, and its capacity to maintain essential functions during disruptions.
BSI, a globally recognized leader in standards and certifications, has played a vital role in helping Security Bank align with internationally recognized practices. Founded in 1901, BSI is renowned for its expertise in creating global standards and certifying systems to improve risk management, reduce costs, and ensure long-term sustainability.
“Achieving ISO 22301 is an endorsement of Security Bank’s proactive approach to risk management,” De Guzman added. “This certification is not just a symbol of our operational resilience, but also a commitment to ongoing improvement and excellence, as we continue to strengthen our BCMS and prepare for future challenges.”
This latest certification comes on the heels of another significant achievement for Security Bank: in 2023, the bank became the first local financial institution to attain the ISO/IEC 27001:2022 certification for its Information Security Management System (ISMS). Both certifications underscore the bank’s comprehensive and forward-thinking approach to risk management and operational integrity.
As businesses around the world face increasing uncertainty and complexity, ISO 22301:2019 is becoming a critical benchmark for organizations seeking to maintain continuity in their operations. By securing this certification, Security Bank has demonstrated its capacity to swiftly recover from disruptions and continue providing uninterrupted services to its clients, reaffirming its position as one of the Philippines’ leading and most trusted financial institutions.
Security Bank’s continued focus on business continuity and disaster recovery reflects its commitment to meeting the evolving needs of its customers while safeguarding the stability of its operations in an unpredictable world.