Alliance Finance 1st SL finance company with new version of ISO 9001:2015

From left: AFC Manager Quality Management Systems Lakmal Maniksagara, AFC Chief Risk Officer Michael Benedict, AFC Deputy Chairman/Managing Director Romani de Silva, DNV Business Assurance Sri Lanka Country Head – Sri Lanka and Maldives Operations Rathika de Silva and DNV Business Assurance Sri Lanka Lead Auditor – Management Systems Vasantha Ranasinghe 

Alliance Finance Company PLC (AFC), Sri Lanka’s third oldest finance company upgrades its ISO Quality Management System to become compliant with the latest International Accreditation Forum (IAF), ISO 9001:2015 Quality Management Standard. 

Changes introduced in the 2015 revision are intended to ensure that ISO 9001 continues to adapt to the changing environment in which the organisation operates. Some of the key updates to the ISO 9001:2015 standard include restructuring some of the information, an emphasis on risk-based thinking to enhance the application of the process approach, improved applicability for services, increased leadership requirements, measurement, analysis, and improvement to the QMS through activities such as internal audits and corrective and preventive action. 

The new standard also helped identify new business opportunities that could potentially contribute to increasing the bottom-line of the organisation.  

Managing Director Romani de Silva said: “ISO 9001 also helps our organisation align better with our triple bottom line business philosophy and ensures that customers consistently receive high quality products and services, whilst balancing the needs of multiple stakeholders.”