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Home Companies Company News

Dispute Resolution: Access Bank upgrades ombudsman for better performance

Fikayo Owoeye by Fikayo Owoeye
January 16, 2018
in Company News
Access Bank makes record HY 2017 Earnings, declares interim dividend

Herbert Wigwe, Group Managing Director, Access Bank

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In line with its reputation for adopting best practices in all facets of its operation Access Bank has announced the upgrade of its customers service function, Ombudsman, to resolve service issues between the financial institution and its customers.

Access Bank stated that it established the Ombudsman desk to boost its dispute resolution mechanism.

A statement from the bank indicated that the aim and objective of the Ombudsman initiative was to resolve all customer complaints and issues on the same day irrespective of where the complaint is issued from or the officer responsible for resolution.

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“The primary function of the bank’s Ombudsman will be to investigate and resolve customer complaints relating to credit issues and broader service issues.

The additional focus will be on immediate resolution of customers’ complaints with the Ombudsman being empowered to directly engage customers and ensure complaints are attended to immediately.

“It is noteworthy that Access Bank was the first Nigerian bank that independently and voluntarily implemented a robust customer complaints resolution mechanism designed specifically to mediate fair settlement between the Bank and its customers.

“This strategy emphasised the customer-centric culture of Access Bank and promote one of its focus on treating customers fairly. This pioneering initiative by Access Bank represents another contribution by the bank towards the elevation of practices within the Nigerian financial services industry,” the statement added.

The Ombudsman is an Alternate Dispute Resolution (ADR) platform wherein an aggrieved customer of the bank may lodge complaints or grievances over the telephone to the Ombudsman and get an amicable and final resolution of the complaint within the shortest possible time.

Access Bank plc, commonly known as Access Bank, is a Nigerian multinational commercial bank, owned by Access Bank Group. It is licensed by the Central Bank of Nigeria (CBN), the national banking regulator. The bank is presently one of the five largest banks in Nigeria in terms of assets, loans, deposits and branch network.

 


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Tags: Access Bank Plc NewsOmbudsman upgrade
Fikayo Owoeye

Fikayo Owoeye

Fikayo has a degree in computer science with economics from Obafemi Awolowo University. ITIL v3 in IT service management. An alumnus of Daystar Leadership Academy. Prior to joining Nairametrics had stinct in Project management, Telecommunications among others. Also training in Consulting and Investment banking from Edubridge Academy. He has very keen interest in Politics, Agri-business, private equity and global economics. He loves travelling and watching football. You can contact him via fikayo.owoeye@nairametrics.com

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