Lagos, 09th October 2008 – In a move to position itself as the leading provider of investment banking services in Nigeria, Afribank Nigeria plc, one of Nigeria’s foremost banks engaged Global InfoSwift Technologies, to develop a world class Business Continuity Strategy.
Speaking on to members of the media at a press conference recently, Afolabi Oke, ED, Marketing, Global InfoSwift, said “Erroneously referred to as IT Disaster Recovery before the nineties, Business Continuity Management has now become a vital aspect of Corporate Strategy. Its main purpose is to ensure that an organization has a response to major disruptions that might threaten its survival, be it a natural disaster, fraud, theft, sabotage or even a terrorist attack.”
He continued “Since the 9/11 attacks on America, governments across the world have put pressure on corporate bodies to have some Business Continuity plan in place. Documented evidence of the consequences of poor BCM planning and proof of the value-added of a good BCM strategy, has made BCM a priority in major organizations around the world”