MTN Nigeria has set a new industry standard by becoming the first Nigerian organization, first telecom company, and first within the MTN Group to earn the prestigious Compliance Management System (CMS) certification from the International Accreditation Service (IAS).
A Global Benchmark for Excellence in Compliance
This globally recognized certification, based on the ISO 37301:2021 Compliance Management System (CMS) standard, underscores MTN Nigeria’s dedication to maintaining world-class compliance practices. The achievement spans all aspects of its operations, including telecommunications, digital services, mobile voice and data, innovative platforms, broadband connectivity, and advanced technology solutions for corporate and institutional clients nationwide.
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The ISO 37301:2021 standard provides a framework for organizations to establish, implement, and continually improve compliance management systems, ensuring adherence to laws, regulations, and ethical standards.
MTN Nigeria’s Commitment to Risk Management and Governance
Speaking on the milestone, MTN Nigeria’s Chief Risk & Compliance Officer, Obiageli Ugboma, highlighted the significance of this achievement:
“Achieving this feat is a testament to our robust compliance framework and proactive approach to managing risks in an ever-changing digital landscape. It reinforces our promise to connect Nigerians with secure, reliable, and innovative solutions.”
Ugboma emphasized that the certification reflects MTN Nigeria’s commitment to fostering a culture of integrity, mitigating risks, and enhancing corporate governance and operational efficiency.
The Role of the International Accreditation Service (IAS)
The IAS, a globally recognized accreditation body, ensures that its certifications meet both domestic and international standards. Its rigorous accreditation processes are applied to various organizations, including governmental entities, commercial enterprises, and professional associations, lending global credibility to its certifications.
Implications for MTN Nigeria and the Telecom Industry
By becoming the first telecommunications company to achieve the CMS certification, MTN Nigeria sets a new benchmark for excellence in compliance management. This achievement not only strengthens stakeholder trust but also positions the company as a leader in corporate governance within the telecom sector and beyond.
The certification reinforces MTN Nigeria’s commitment to:
- World-class compliance standards: Ensuring adherence to laws and regulations.
- Risk mitigation: Proactively addressing challenges in a rapidly evolving digital landscape.
- Operational efficiency: Streamlining processes for enhanced service delivery.
MTN Nigeria’s Industry Leadership
This milestone solidifies MTN Nigeria’s role as a trailblazer in the telecommunications sector. It highlights the company’s vision to deliver innovative, secure, and customer-centric solutions while upholding the highest ethical and operational standards.
The achievement is a significant step forward for Nigeria’s telecommunications industry, showcasing the potential for local companies to achieve global recognition and setting a precedent for others to follow.