Audited by the Certification Association Russian Register, Ak Bars Bank has become the first Russian bank to have proven its business continuity management system to be compliant with ISO 22301 (GOST R ISO 22301).
«The bank maintains and improves its business resilience and sustainability by implementing international principles of continuity management and best world practices. Certifying one’s business continuity management system, one ensures effective governance in crisis situations,» said Vyacheslav Yashkin, Managing Director of Ak Bars Bank.
The certification procedure was delivered by experts from the Certification Association Russian Register—Russia’s leading certification and expert organization. Russian Register’s independency, neutrality and competence is proven by numerous domestic and international accreditations, notifications and recognitions, as well as many years of its successful track record.
«In banking, ensuring business continuity in crisis situations, combined with uninterrupted customer service, is a top priority. With the system, a bank is able to assess a possible failure in terms of its impact and develop a strategic action plan in case of a worst-case scenario. Having obtained this certificate, the bank’s management system is deemed proven to be resilient against critical events,» said Elena Ryazanova, Russian Register’s Head for Programs to Assess and Certify Social Responsibility, Sustainable Development and Business Continuity.