NDB Bank Achieves Historic Milestone as the First Commercial Bank in Sri Lanka to Attain ISO 22301:2019 Certification

December, 5, 2023

In a groundbreaking achievement, NDB Bank emerges as the first commercial bank in Sri Lanka to attain the ISO 22301:2019 certification for its Business Continuity Management System (BCMS), setting a new standard in the financial sector.

This significant feat follows closely on the heels of NDB Bank's triumph in April 2023, when it received the ISO 27001 certification for its Information Security Management System (ISMS). The dual certifications underscore the bank's unwavering commitment to maintaining the highest standards in data security and ensuring seamless business continuity.

Notably, NDB Bank's ISO 22301:2019 is a testament to its proactive approach in identifying and mitigating potential disruption, thereby solidifying NDB Bank's standing as an industry leader.

Rasika Sampath, Head of IT Security at NDB Bank, exclaims, "This milestone is a testament to our robust IT practices, with NDB Bank’s leadership playing a pivotal role in steering our IT security initiatives to the next level, ensuring that we remain well ahead of the competition."

Bureauveritas, the Certificate Authority, extends congratulations to NDB Bank, acknowledging its rapid achievement of the challenging ISO 22301 certification and stating, "Your commitment to excellence sets a commendable example for other financial institutions. We appreciate your dedication and look forward to maintaining a sustainable, long association with NDB."

Aligned with its broader strategy of digital transformation, NDB Bank's continuous efforts to enhance operational efficiency, foster customer trust, and boost competitiveness are evident. The dual certifications not only affirm NDB Bank's resilience but also validate its ability to ensure uninterrupted services for customers, even in the face of evolving challenges.

NDB IT remains steadfast in its commitment to setting industry standards and ensuring the highest security level for its valued customers. The certifications in ISO 27001 and ISO 22301 demonstrate the bank's proactive stance in safeguarding sensitive information and ensuring business continuity.

This achievement not only solidifies NDB Bank's position as a leader in the banking sector but also underscores its role as a pioneer, boldly adopting international best practices for information security and business continuity. As NDB Bank continues to set new benchmarks, its dedication to excellence serves as a beacon for the entire financial industry in Sri Lanka.

Cryptogen and KPMG were NDB’s consultation partners for ISO 27001 and ISO 22301, respectively.

NDB Bank is the fourth-largest listed commercial bank in Sri Lanka. The Bank was named the Retail Bank of the Year (Sri Lanka) at Asian Banking & Finance Retail Banking Awards 2023 and the Best Corporate Bank 2023 by Asiamoney and also emerged as the Most Awarded Corporate in Sri Lanka in 2022 for the second consecutive year, as per the annual rankings of Sri Lankan publication LMD. The Bank was adjudged the Best Bank in Sri Lanka 2022 by Global Finance USA and Euromoney in their annual best bank awards programmes. Additionally, The Bank was named one of the "Top 50 Best Workplaces in Sri Lanka 2022" by Great Place To Work, USA. NDB is the parent company of the NDB Group, comprising capital market subsidiary companies, together forming a unique banking and capital market services group. The Bank is committed to empowering the nation and its people through meaningful financial and advisory services powered by digital banking solutions.

 

Image Caption : (Rasika Sampath – Manager IT Security, NDB; Lasantha Mathupala – AVP IT, NDB; Indika Gunawardena –VP/CIO IT, NDB; K. V.  Vinoj – DCEO, NDB; Deepal Akuretiyagama – COO NDB; Dimantha Senevirathne – CEO, NDB; Shan Nanaykkara- Country General Manager Bureauveritas; Subash De Silva – Manager Marketing & Sales Bureauveritas; Basith Ali - Executive Marketing & Sales Bureauveritas; Sampath Ekanayake -Manger BCM, NDB; Ranitha Dharmaratne – Deputy Manager IT Security, NDB ; Amila withanage – AVP IT,NDB, Kalhari Gamage – Deputy Manager IT Security, NDB)