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Premium Pension gets ISO certification

By Rosemary Onuoha

Premium Pension Limited, a Pension Fund Administrator (PFA) in the country has been certified with the Information Security Management System certification, (ISO-27001:2013.), a first in the pension industry. The certificate was officially presented to the company by the British High Commissioner at its corporate head office in Abuja last week.

Managing Director/CEO of Premium Pension, Mr. Wilson Ideva said that the certification is a self-imposed duty by the company in ensuring that its information security management system meets with the expectation of its stakeholders especially it’s highly valued Retirement Savings Account, RSA, holders and legacy pension funds owners that have entrusted their funds to the management.

Ideva said that the certification further demonstrate the company’s zeal in ensuring the safety of legacy funds owners, while as for the board and management the certification is another indication of first and a measure of its strong corporate governance anchored on global best practices. Chairman of the company, Mr. Aliyu Dikko said that the achievement of the ISO-27001:2013 certification is a visible proof of the company’s commitment to meet internationally- accepted data security standards.

According to him, being the first PFA in the country to achieve the certification was attained through the foresight, hard work and dedication of the board, management and staff of the company who are seasoned professionals in the pension industry. Dikko said that the certification is to demonstrate that the company has placed information security as a priority, while assuring stakeholders that a best practice security system is in place with strong compliance with National Pension Commission, PenCom, IT Standard.

Dikko said that the certification will enhance the confidence of RSA holders, retirees, regulators and stakeholders that its system and processes are among the best in the industry.

Speaking at the event, Director General of PenCom, Mrs. Chinelo Anohu-Amazu, represented by its Commissioner Inspectorate, Professor Mohammed Kaoje Abubakar said that the award is well deserved following positive contributions of the company to the Contributory Pension Scheme in the past 11 years.

She said that the award has placed the company on a higher and better ground in the industry and urging the company to sustain the momentum and ensure that it continue to play its expected role in the pension industry.

Also, Managing Director/CEO, Digital Jewels Limited, Mrs. Adedoyin Odunfa said that ISO-27001:2013 is aimed at instilling a continuous improvement culture which focuses at securing  and protecting the information assets of the company and compliance to global best practice standard. The coverage of the standard extends across physical, technical and administration security.

She said the company has successfully passed through the first and second technical assessment stages as required by the British Standard Institute (BSI) as a prerequisite for the award of certification.




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