THISDAY

Access Bank Upgrades Ombudsman to Boost Dispute Resolution

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Access Bank Plc has upgraded its customer service function, Ombudsman, to resolve service issues between the financial institutio­n and its customers.

The bank explained that the move was consistent with its reputation for adopting best practices in all facets of its operations.

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

However, it explained that the bank has reviewed the function of the Ombudsman to include immediate resolution of customer’s complaints alongside the primary function which are Arbitratio­nand other ADR mechanisms such as Conciliati­on and Mediation.

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.

“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,” it added.

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