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Access Bank upgrades Ombudsman to boost dispute resolution

access bank

Access Bank

Consistent with its reputation for adopting best practices in all facets of its operations, Access Bank Plc has upgraded its in-house Customer Ombudsman for the purpose of resolving service issues between the Bank and its customers in the normal course of business.

The Ombudsman process is an Alternate Dispute Resolution (ADR) yet informal medium wherein an aggrieved customer of the Bank may lodge complaints or grievances over the telephone, email, letters, physical visit to the Ombudman’s Office and within the shortest time possible, facilitates an amicable resolution of the complaint.

Access Bank in order to boost its dispute resolution mechanism established an internal Ombudsman desk within the Bank. However, the Bank has reviewed the function of the Ombudsman to include immediate resolution of customer’s complaints alongside the primary function which are Arbitration and 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 or refer all customer complaints and issues same day irrespective of where the complaint is issued from or the responsibility officer for resolution.

The primary function of the Bank’s Ombudsman will be to investigate and resolve customer complaints relating to both 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 not left unattended to.

It is noteworthy that Access 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 emphasized 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.

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