The Financial Academy Concludes 10 Agreements to Develop Leadership and Advance Innovation across Financial Sector
The Financial Academy
(TFA)
has signed ten agreements and Memorandums of Understanding (
MoUs
) with
multiple
local and global organizations. The intensive activity took place on the sidelines of The Financial Academy Forum 2025, held Wednesday, October 8, at the Conference Center of Riyadh-based King Abdullah Financial District (KAFD).
The diverse deals cove
red a wide range of pathways, starting from leadership development through to
fintech and social literacy promotion. The step is aimed to improve the capabilities of human capital across the financial sector by conducting
a number of
specialized training programs and exchanging
expertise
and knowledge with local and international partners,
in order to
ensure alignment with Saudi Vision 2030.
The deals included the
Executive Program for Bankers 2.0
, launched by the academy
in partnership with Banque Saudi Fransi (BSF)
and a number of
internationally-renowned
universities.
It
is designed
to
enhance
corporate excellence and
improve leadership skills of BSF
executives.
The academy
also signed
a comprehensive agreement with th
e Saudi Mortgage Guarantees Services Company
(
Damanat
)
to develop
c
ompetencies
,
train leaders
and
build
training
packages for the company staff
.
As per the deal, TFA will design and implement annual training programs
targeting
Damanat
employees, prepare and build custom product training package, as well as implement regular training programs to increase employees' awareness of systems, regulations,
instructions
and relevant compliance requirements.
An
agreement with
Alinma
Capital
for developing leadership and enhancing professional capacities was among the deals concluded by
The Financial Academy
during
it
big event.
As per
the agreement, 50 C-suite executives and board members
of
Alinma
Capital
will
be enrolled in professional certificates where they will
receive training to
amplify
their capabilities. Additionally, specialized training programs will be tailored, and graduate
development
programs will be launched.
Furthermore, The Financial Academy Forum 2025 saw the signing of a strategic cooperation agreement between the TFA and
Oteet
Society tha
t covers professional training and joint
research and studies
.
Accordingly
, the two parties will cooperate in areas of professional certificates, general in-person/online training programs, and research,
studies
and reports
.
The academy also signed
a special agreement with MEDGUL
F
to
design and implement training programs targeting the insurer's board m
ember
s
,
develop the third edition of MEDGLF's Nextgen graduate progra
m, create and conduct leadership development programs, and sponsor signature programs.
In terms of innovation and fintech, TFA has signed an agreement with Bloomberg to start a Bloomberg lab at the academy. The step is aimed to upskill Saudi finance workforce, and develop an integrated, future-ready financial sector with international standards. The new lab will allow specialists to access Bloomberg data,
analyses
and technologies, enabling them to apply skills across various areas of finance.
In a further move to
advance
knowledge
and
specialization,
TFA signed a cooperation agreement with
the
Chartered Alternative
Investment Analyst Association (
CAIA
) to develop capacities in alternative investment and support the goals of Saudi 2030 Vision.
According to the deal, a microcredit consistent with Islamic finance will be developed,
Arabic version of CAIA platform and programs will be made available, and a CAIA prometric test center will be
established
in
the Kingdom of Saudi Arabia
.
In ad
dition,
joint initiatives on employment,
marketing
and future learning programs will be carried out.
A
trading simulator
will be developed under a cooperation agreement by The Financial Academy and Sahm Capital. The academy will
utilize
the platform to incorporate practical aspects with theoretical knowledge in training programs.
Aiming to promote
youth and women's financial literacy and knowledge
,
TFA and
Alinma
Bank
signed an agreement whereby
a number of online and in-person workshops will be
organized
in
different
cities across the Kingdom.
Finally, TFA signed a cooperation agreement with
Maven Insights
company to sponsor the
executive program “Investing in AI and Digital Disruption: A New Era for Leadership
." The course, targeting 40 leaders from the financial sector, will be held in London in partnership with
the Imperial
College London.
The Financial Academy Forum is an annual, high-profile platform that brings together industry decision makers, attracting senior government
officials, heads of authorities
and institutions, CEOs, as well as distinguished researchers, academics,
experts
and practitioners in areas of finance and investment. The gathering is designed to explore the newest global methods for refining human capital’s capabilities and
skills, and
align them with the
financial sector’s future needs.
