Jun 25 2012 |
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BBK ensures business continuity in case of crisis
Monday, Jun 25, 2012
24x7 News
For the 3rd consecutive year, BBK conducted a Crisis Management Simulation Exercise. The exercise aimed at invoking the bank-wide Business Continuity Plans (BCP) to ensure that critical banking services are recovered and available to customers in the shortest possible time in case of an unforeseen incident.
“In its ceaseless quest to improve standards, BBK , has been actively pursuing its Business Continuity Management programme and enhancing its capabilities,” Murad Ali Murad, BBK Chairman, said. He congratulated the management on successfully conducting the Business Continuity exercise on such a large scale.
“Stemming from our belief in the highest principles, we are committed to ensure continuity of business in any unforeseen event and to fully comply with corporate governance and regulatory requirements,” he added.
“ BBK has been conducting this exercise periodically and each time we are stepping ahead in the maturity of managing unforeseen crisis situations. From the safety and security of an individual, to the interest of all stakeholders and finally to meet the regulatory requirements; BBK is fully committed. We worked hard and are proud to be resilient to manage any unforeseen incident,” he added. In this exercise, which is managed and coordinated by the Bank’s dedicated Business Continuity Management and Governance Team, the Chairman of the Board Murad Ali Murad, board members, all the members of the Executive Management along with over 100 employees from various areas of the bank participated. From the time of the sudden initiation of the crisis situation, to the actual recovery and availability of critical banking services to its customers; the entire process was executed seamlessly within the targeted time frame. During this exercise all critical components of the BCP were tested successfully.
24x7 News 2012. All rights reserved.
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