Leading Multilateral Financial Institution Case Study
Leading Asian Multi-lateral Financial Institution
This customer is an international multi-lateral development bank whose mission is to help its developing member countries reduce poverty and improve the quality of life of their people. Headquartered in Manila, and established in 1966, this institution is owned and financed 67 member Asian and global. Its main partners are governments, the private sector, nongovernment organizations, development agencies, community-based organizations, and foundations.
This institution is not required to meet any regulatory requirements. However, it is committed to adopting good corporate government policies in line with international best practices, and maintain stakeholders’ confidence. The policies also required it to develop and implement a BCP.
GMH’s Services and Solutions
Although this customer is not bound to comply with any regulatory requirements, it had many key stakeholders. Their BC planning requirements had to take into consideration the multi-facet threats and also address any potential incidents or events that may arise. GMH’s consultants interviewed the Executive and Senior Management teams to ensure the key business objectives, critical business functions and strategy for recovery are addressed when BCP is activated.
This project involved the review of the critical business functions and the identifcation of the recovery strategies. This is concluded with the summary of strategic BC plan implementation of the BCP within the country and also in another location outside of the host country. The business continuity objectives had to be carefully identified and evaluated due to the unique ownership structure of this institution. This was possible as GMH’s BC planning methodology and approach was flexible and adaptable to meet the unique requirements.