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13 November, 2025
The Financial Academy (TFA) and the Insurance Authority (IA) have inked a Memorandum of Understanding (MoU) to enable Saudi talent to earn eligibility for Institute and Faculty of Actuaries ( IFoA ) fellowship, thereby supporting their career pathways in actuarial disciplines and advancing the industry's goals in line with Saudi Vision 2030. The MoU was signed by Mr. Nasser Alobaid, General Director of Learning and Development at The Financial Academy, and Dr. Ghadah Ben Baz, Deputy CEO for Shared Services at the Insurance Authority. Alobaid explained that the signing of the memorandum is driven by TFA's ambitious strategy, which aims to develop and empower human capital across the financial sector, aligned with Saudi Vision 2030. "The strategy is designed to boost professionalism and innovation of Saudi talent —including C-suite executives and board members. Accordingly , the Academy offers specialized training programs, professional certificates, and innovative learning solutions that keep up with the market evolving needs," he noted. On her side, Ben Baz said the MoU fosters the Insurance Authority's ongoing plans of transforming KSA insurance sector into a vibrant and trusted industry, enabling it to serve as a driving force of economic growth. This is being achieved, she added, through introducing effective regulation, providing strategic support, and upskilling the sector's workforce. The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
02 November, 2025
The Financial Academy (TFA) , jointly with the Ministry of Interior's (MoI) Medical Services Department, has rolled out the Ambassadors of Change and Transformation program. The move emphasizes the Academy's significant role in upskilling specialized talent across the Kingdom's government departments. Aligned with the goals of Saudi Vision 2030, the 3-month course is designed to empower leaders and national talent at the MoI's Medical Services Department to drive transformation within the medical services system, in a way that elevates the overall quality of life. Initially, the program's first phase targets 20-25 selected ambassadors of change; as the scope is due to be expanded later to include other potential transformation leaders from across the Ministry's departments. The training program focuses on developing leadership skills, enhancing capacities, and improving readiness to lead national transformation projects in security and health areas. It aims to enable leaders to promote the culture of change across the organization, sustain initiatives, and translate national strategies into actionable plans. To these ends, the program equips participants with effective tools and cutting-edge technologies needed to manage complex projects, achieve desired results, navigate regulatory challenges, and transform conflict into commitment. The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
28 October, 2025
The Financial Academy (TFA) has signed a cooperation agreement with the Business School of Imam Mohammad Ibn Saud Islamic University (IMSIU). Under the deal, the two sides will share experiences on graduate programs, cooperative training, scientific research, training and development, consultations, and quality assurance. The collaboration is driven by a mutual desire to achieve respective strategic goals as well as advance the goals of Saudi Vision 2030. T he signing was carried out by Mr. Mohammed Alhamazany, Chief of Capability Development at TFA, and Dr. Mohammed Alghamdi, Dean of IMSIU Business School. Alhamazany commented that the agreement was an extension of The Financial Academy's strategic role in developing human capital across the financial sector. "In doing so, the Academy adopts best practices and global standards, and aligns its programs with the requirements of the Financial Sector Development Program (FSDP), thus contributing to shaping a prosperous financial future for the Kingdom of Saudi Arabia." For his part, Alghamdi explained that the deal was aimed to qualify and train talents at Business School through offering programs, workshops, and specialized training courses for both men and women students at the school. As per the agreement, he added, training and career pathways will be created, reviewed and updated. "The deal will boost cooperation in research projects, joint training and graduate programs as well," he concluded. The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
12 October, 2025
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.
11 October, 2025
The Financial Academy has rolled out six new strategic initiatives in cooperation with local and global centers of expertise ( CoEs ). The announcement was made 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 initiatives are aimed to enhance strategic partnerships, building national capacities across Saudi capital market, and upskilling national talent by improving their professional capabilities and knowledge and aligning them with finance industry future needs. The diverse initiatives cover different areas of interest to the financial sector. First, The Next CFO, to be carried out in collaboration with Saudi Tadawul Group , is designed to develop a new cohort of chief financial officer able to lead the future of financial sector. Other finance stakeholders are taking part in the initiative. The second initiative — Corporate Banking Pioneers — is created by TFA along with Ministry of Human Resources and Social Development, represented by Sector Skills Councils (SSCs), Financial and Insurance Services Sector, and Human Resources Development Fund ( Hadaf ) . It is intended to prepare a select group of Saudi leaders who can efficiently spearhead the future of corporate banking . To realize this goal, a 9-month, one-of-a-kind national program , combi ning professional and applied training with career guidance , will be implemented for 80 trainees from all Saudi banks. The trainees are expected to be the pioneers of a new Saudi generation of bankers capable of coping with the rapid shifts in finance and supporting the goals of KSA's Vision 2030. Elite Asset Management (EAM) Graduates is the third initiative hammered out by TFA and State Street Corporation. The effort aims to develop a proficient Saudi squad in the field of asset management and investment through providing intensive training opportunities, including on-the-job training at State Street's offices around the globe, so that participants could have a global experience to be leveraged in leading the Kingdom's financial future. The fourth initiative is Shaping the Future of Saudi Financial Media, crafted with the Saudi Research and Media Group (SRMG) and SNB Capital. It's meant to develop national capacities in financial media through a special program that includes field visits to global prestigious media hubs such as CNBC, Bloomberg, and BBC. Thus participants will see firsthand the leading international industry experiences, which could empower them to keep pace with developments in financial media. The National Initiative for Banking Awareness and Capability Development is a banking literacy-centered endeavor developed by TFA and the Saudi Banks Committee, in order t o grow Saudi individual s' and organizations' awareness of the importance of responsible saving, investing and financing. The initiative seeks to develop a pool of national talent qualified to navi gate financial fraud challenges and protect bank customers. It also unlocks new potentials by offering professional certificates, training courses, and interactive campaigns and platforms dedicated to fostering banking awareness and combating fraud. Finally, in a pursuit to innovate platforms that integrate the spirit of sports with the power of business, TFA and Core Vision Investment launched the Private Equity Leaders – Golf Challenge initiative . It is designed to incorporate golf sport into the private equity environment, where investment strategy and competitive spirit are mixed – in an exceptional atmosphere that promote s dialogue and builds relationship . 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, expert s 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.
08 October, 2025
The Financial Academy (TFA) has celebrated the graduation of a 141 -strong cohort of professional graduates certified by the GCC Board Directors Institute (BDI) . The ceremony occurred within the framework of TFA-BDI joint strategic partnership aimed to develop national talent, enhance director capabilities, and improve board effectiveness across the Kingdom of Saudi Arabia. Being the official awarding body of all BDI certifications in KSA, The Financial Academy delivers a specialized offering of directorship programs that focus on maximizing the efficiency of boards and their members. T hese programs empower participants with essential skills an d knowledge needed to promote the application of the fundamental corporate governance principles , and improve strategic foresight . The courses also enable directors to develop more accurate capabilities in terms of decision making, risk management , and long-term planning . In addition, the programs b uild financial competency, ensuring transp arency, sustainable performance and leading with integrity. Mr. John Gollifer , CEO of GCC BDI, commented : “We are incredibly proud of the graduation of first cohort of directors certified by our institute, after they completed Board Directorship program that is fully delivered by the BDI. This graduation highlights the growing interest in an organized, high-impact development of the board of directors across the region. From his part, Mr. Mana AlKhamsan , CEO OF The Financial Academy, expressed TFA's pride in having strategic partnership with BDI, with the academy being the official awarding body of the institute certifications. "This partnership is not only limited to awarding certifications; it is also designed to provide board directors with competencies needed to lead transformation , boost investor confidence, and strengthen the Kingdom's status as a leading regional financial hub with global impact," remarked AlKhamsan . The GCC Board Directors Institute (BDI) was founded in 2007. Now, it comprises over 4500 members , and delivered over 700 programs and forums to top-tier companies in the Gulf . The BDI is globally recognized and the only director in stitute from the Gulf region admitted to the Global Network of Director Institutes (GNDI). The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
08 October, 2025
On the sidel ines of its annual forum — held Wednesday, October 8, at the Conference Center of Riyadh-based King Abdullah Financial District (KAFD) — The Financial Academy (TFA) has announced it has launched the "Corporate Banking Pioneers." The initiative , a first for Saudi banks, is part of TFA's ongoing mission to develop national talent and empower them to lead the future of corporate banking in KSA. It's launched in collaboration with Ministry of Human Resources and Social Development, represented by Sector Skills Councils (SSCs), Financial and Insurance Services Sector, and Human Resources Development Fund ( Hadaf ). The initiative is designed to prepare top-notch Saudi leaders who can efficiently spearhead the future of corporate banking. Accordingly , a 9-month national program, combining professional and applied training with career guidance, will be implemented for 80 trainees from all Saudi banks. The trainees are expected to be the pioneers of a new Saudi generation of bankers capable of coping with the rapid shifts in finance and supporting the goals of KSA's Vision 2030. 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, expert s 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.
08 October, 2025
Under the auspices of H.E. Mr. Mohammed bin Abdullah ElKuwaiz , Chairman of the Capital Market Authority (CMA) and Chairman of the Board of Trustees of The Financial Academy (TFA) , The Financial Academy's Forum for 2025 has kicked off . The fourth edition of the annual event featured a prominent group local and international decision makers and experts in finance. The gathering — held Wednesday, October 8, 2025 at the Conference Center of King Abdullah Financial District (KAFD) in Riyadh — has been widely attended by industry practitioners and stakeholders in the Kingdom, as it marked an unprecedented presence of over 6,000 men and women , exceeding the number of participants in previous editions. The forum included three panel di scussions that addressed several major themes , with a particular focus on the "Institutional Leadership in an Evolving Environment", "Sustainable Strategies for Developing Leadership Talent", and "Human Capital in AI Era". A number of specialized workshops were conducted as well. The sessions were centered on critical, engaging topics such as the High-Performance Business and Sports, Cyber Insurance, The Importance of Credit Risk Models and Emerging Technologies, including Artificial Intelligence, Merging and Acquisition (M&A), Private Equity Funds as Strategic Tool for Institutional Investment , and Modern Governance in Public Sector. On the sidelines of the forum, The Financial Academy rolled out a series of strategic initiatives in collaboration with local and international centers of expertise , aiming to develop and refine the capabilities of KSA's financial sector workforce. The initiatives included "The Next CFO" with Saudi Tadawul Group; "Corporate Banking Pioneers" with Ministry of Human Resources and Social Development, represented by Sector Skills Councils (SSCs), Financial and Insurance Services Sector, and Human Resources Development Fund ( Hadaf ); " Elite Asset Management (EAM) Graduates " with State Street Corporation; "Shaping the Future of Saudi Financial Media" with Saudi Research and Media Group (SRMG) and SNB Capital; "The National Initiative for Banking Awareness and Capability Development" with Saudi Banks Committee ; and "Private Equity Leaders – Golf Challenge" with Core Vision Investment. In addition, ten Memorandums of Understanding, intended to empower leaders and advancing innovation in financial sector, were signed. They covered numerous activities such as launching the " Executive Program for Bankers 2.0 " in partnership with Banque Saudi Fransi (BSF); the "Comprehensive Agreement for Competency Development and Leader Training" with th e Saudi Mortgage Guarantees Services Company ( Damanat ); an agreement for "Developing Leaders and Enhancing Professional Capacities" with Alinma Capital ; and the "Board Member Training and Leader Development" agreement with MEDGULF. Among other concluded deals were the " Strategic Cooperation Agreement " between TFA and Oteet Society that covers professional training, research and joint studies; an agreement for developing a trading simulator with Sahm Capital; an agreement for promoting youth and women's financial literacy and knowledge with Alinma Bank; and a cooperation agreement with the Chartered Alternative Investment Analyst Association ( CAIA ) to further develop capacities in alternative investment area and support the goals of Saudi 2030 Vision. 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.
01 October, 2025
Under the auspices of H.E. Mr. Mohammed bin Abdullah ElKuwaiz , Chairman of the Capital Market Authority (CMA) and Chairman of the Board of Trustees of The Financial Academy (TFA) , The Financial Academy's Forum 2025 is set to commence Wednesday, October 8 , in Riyadh. The annual gathering features a select group of local and international decision makers and experts in finance. Mr. Mana bin Mohamed AlKhamsan , CEO of T he Financial Academy, has explained that the fourth edition of the Forum – held under the slogan of "# Innovate_to_enable " – serves as an exceptional platform attracting leaders from across finance sector, including government officials, CEOs, experts, researchers and academics, who will convene to address key institutional and innovation issues. "The event brings together over 20 distinguished speakers from the financial sector , who will exchange knowledge and experiences, and review global best practices in training and developing human capabilities. The effort is aimed to keep current with technological transformations and align skills with future demands. Furthermore, 16 strategic partners and high-profile organizations will participate in the Forum, reflecting the power of partnerships and cooperation in fostering the financial sector's growth." The Financial Academy Forum 2025 will tackle important themes such as Institutional Leadership in an Evolving Environment, Sustainable Strategies for Developing Leadership Talent, and Human Capital in AI Era. Additionally, a series of specialized workshops will be held on the sidelines of the Forum, where advanced finance topics will be discussed. Interestingly enough, the agenda of this year's edition will include a new item : Alinma Stage — a n awareness platform targeting fresh graduates and job seekers, where experts will address various issues like the professional pathways within financial sector, mechanisms for building CVs, and interview skills. This addition is intended to enhance Saudi talent's job market readiness. During the Forum, multiple strategic initiatives and agreements will be launched in partnership with global centers of expertise , in another move to improve the capabilities of human capital. Meanwhile, a number of TFA's graduates will be honored in cooperation with GCC Board Directors Institute (BDI). AlKhamsan concluded that the Forum is expected to have a significant impact in terms of effectively supporting the professional and training needs, as it seeks to promote financial literacy, elevate skills, and foster innovation in financial services in accordance with the highest global standards. The Financial Academy Forum is held annually with the objective s of nurturing professional growth, strengthening communication and networking within industry, and advan cing sustainable development of human capital in the Kingdom of Saudi Arabia . To learn more and to register for the forum, please visit https://forum.fa.gov.sa/home
16 September, 2025
The Financial Academy (TFA) and Riyad Bank have signed an agreement whereby the Academy will conduct 54 programs and workshops to train mo re than 4,000 employees of the B an k's workforce . The move is aligned with the goals of Financial Sector Development Program and Vision 2030. The deal was signed by Mr. Mana AlKhamsa n , CEO of The Financial Academy, and Ms. Enji Ghazzaw i, Chief Human Capital Officer at Riyad Bank . AlKhamsan stated that the partnership is a n extension of TFA's leading role in devel oping and refining the capabilities of human capital across the financial sector , especially with in the banking industry . "In doing so, the Academy adopts global best practices and standards in pr ofessional training, and aligns its programs with the requirements and objectives of the Financial Sector Development Program (FSDP) – a component of Saudi Vision 2030," he noted. From her part, Ghazzaw i dubbed the partnership as "a strategic shift" in terms of the e fforts exerted to support the professional qualification pathways within the Saudi banking sector. " According to the agreement, a package of specialized training programs and advanced workshops will be exclusively delivered in partnership with TFA. This package is designed to cope with the rapid changes and emerging labor market needs ," she commented. The deal, Ghazzaw i added, is one of multiple agreements concluded previously with several esteemed local and international organizations, aiming to augment Riyad Bank 's workforce knowledge, which would improve the institution's performance and services . "Additionally, the Riyad Academy – the training arm of Riyad Bank – is pursuing a professional development policy that meets labor market demands and keeps pace with its continuous changes. " The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to developing and empowering the financial sector human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices across the entire spectrum of financial industries especially banking, finance, insurance and capital market.
10 September, 2025
The Financial Academy's Forum 2025 is taking place on October 8, at King Abdullah Financial District (KAFD) Conference Center, the training powerhouse has announced. The fourth edition of the annual event will be held under the auspices of H.E. Mr. Mohammed bin Abdullah ElKuwaiz, Chairman of the Capital Market Authority (CMA) and Chairman of the Board of Trustees of The Financial Academy (TFA) . Bearing the slogan of "#Innovate_to_enable", this year's forum reaffirms TFA's commitment to fostering innovation as a cornerstone for developing the financial sector and enabling it to navigate future challenges. The event will cover critical themes, most notably Strengthening Institutional Agility Through Driving Innovation, Institutional Leadership in an Evolving Environment, Sustainable Strategies for Developing Leadership Talent, and Human Capital in AI Era. Mr. Mana bin Mohamed AlKhamsan, CEO of the Financial Academy, has revealed that the forum will see the launch of numerous strategic initiatives that are focused on optimizing talent capabilities, noting that the initiatives will be implemented in cooperation with local, regional and global organizations. He added that several agreements, aiming to upskill human capital and help it adapt to the evolving demands of the coming era, will be concluded. "The forum seeks to offer inspiring experiences to support the financial institutions' sustainable growth and enhance their adaptability to global changes. Additionally, it serves as a platform for exchanging insights and expertise between regional and international leaders, decision makers and experts, and building new partnerships that would elevate workforce efficiency and advance the financial sector development," explained Mr. AlKhamsan. The forum's main panel discussions will feature a select group of the financial sector leaders as well as a number of local and international experts; while specialized workshops will be organized on the sidelines of the gathering, where diverse topics relevant to the finance industry will be covered. Moreover, The Financial Academy has added a new item to this year's agenda: Alinma Stage — a financial awareness platform where a number of experts and mentors will deliver interactive sessions to promote financial literacy among different segments of society. The Financial Academy Forum is an annual high-profile event that brings together 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 intended to explore the newest global methods and best practices for improving human capital’s capabilities and skills, in alignment with the financial sector’s future aspirations and demands. To learn more and to register for the forum, please visit https://forum.fa.gov.sa/home
24 August, 2025
The Financial Academy (TFA) has earned two prestigious certifications from the International Organization for Standardization (ISO) , obtaining a dual global recognition of its commitment to the highest standards of quality and excellence in its operations and training services. The first certificate – the ISO 9001 in Quality Management System (QMS) – demonstrates the Academy's full compliance with the global best practices in managing operations, ensuring the quality of its services, and keenness to continuously improve performance and enhance satisfaction of beneficiaries. The second certificate – the ISO/IEC 20000 in IT Service Management (ITSM) – proves TFA's adherence to applying the best international standards to secure and maintain highly efficient and trusted IT services. This recognition also showcases the Academy's ability to tune its IT services to business needs, and to effectively advance the digital transformation strategies. The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
17 August, 2025
The Financial Academy (TFA) has on Sunday (August 17) rolled out the Clinical Costing program . The new course is offered in partnership with the Center for National Health Insurance (CNHI) , represented by the National Casemix Center of Excellence . Aligned with Saudi Vision 2030's goals, Clinical Costing is designed to empower national workforce in healthcare sector by nurturing their financial literacy and professional skills. The training pro gram is an outcome of a Memorandum of Understanding (MoU) signed by TFA and CNHI on the sidelines of the Glo bal Health Exhibition 2024. The agreement was concluded with a view to developing national sustainable competencies and capacities to support the health insurance system across the Kingdom through implementing a variety of specialized training programs. Mr. N asser Alobaid , General Director of Learning and Development at The Financial Academy, comments that t he program is a product of the Academy's strategic partnership with the Center for National Health Insurance (CNHI) , which is aimed at empower ing national talent, improving professional skills, and establishing efficiency and sustainability as imperatives for the future of health insurance sector . "Contributing to a more competitive and dynamic health sector, the program reaffirms The Financial Academy's commitment to adopting global best practices and our determination to p ursue the goals of Vision 2030. " From his part, Mr. Ehab Alatassi , CEO of the National Casemix Center of Excellence , states that he values collaboration with the Academy, stressing the Center 's keen ness to contribute to the financial transformation within the health sector . "Through these training programs, the Center aims to be directly involved in driving the financial transformation in health sector , boosting its sustainability and effectiveness , and improving the quality and efficiency of health services across the Kingdom, which is consistent with Saudi Vision 2030," added Alatassi . The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
30 July, 2025
The Financial Academy (TFA) has launched its new program "Introduction to Saudi Capital Markets" in partnership with the International Capital Market Association (ICMA). Aligned with Saudi Vision 2030 's goals , the new release is meant to level up local and international expertise in the Saudi capital market and to develop human capital across KSA financial sector. The program is designed to equip participants with knowledge and skills needed to fully understand the Kingdom's rapidly evolving market landscape. It covers a wide range of topics including debt market fundamentals , financial products such as equities and sukuk (Sharia-compliant bonds), sustainable finance, derivatives, securities finance and structure of Saudi capital market. Integrating the global best practices with local context, the program serves as a unique platform for cross-border knowledge exchange, which strengthens the Kingdom's position as a regional financial hub. "Introduction to Saudi Capital Markets" targets e arly to mid-career professionals from inside and outside the Kingdom. It is also ideal for employees in investment banking, asset management, regulatory organizations, ministries of finance, and financial market infrastructure institutions. Mr. Mana bin Mohamed AlKhamsan , CEO of The Financial Academy, commented that t he program is an outcome of TFA's strategic partnership with ICMA, aimed to empower human talents and upskill workforce in capital markets. " The new ad dition reaffirms our commitment to adopting global best practices and continuing to support the achievement of Saudi Vision 2030's goals by contributing to shaping a more competitive and dynamic financial sector. " On the other hand, Mr. Bryan Pascoe, CEO of the International Capital Market Association, stated that the ICMA is pleased to collaborate with The Financial Academy in advancing the ambitious and significant transformation the Saudi capital markets are experiencing . The progra m, Pascoe added, showcases ICMA's commitment to integrating international standards in local context s , in order to build institutional and human capacities capable of securing sustained market growth. The International Capital Market Association (ICMA) has been setting international standard of training excellence in the capital markets for almost five decades. The Association is accredited as a training provider by both the UK's the Financial Conduct Authority (FCA) and Hon Kong's Securities and Futures Commission (SFC). In addition, the Association's programs are certified by the Continuing Professional Development (CPD) and are aligned with European Qualifications Framework (EQF). The Financial Academy (TFA) is an entity with an independent, legal and administrative status. It is organizationally located under the Chairman of the Board of the Capital Market Authority (CMA). The Academy is dedicated to qualifying the financial sector human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. TFA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.
14 July, 2025
The Financial Academy (TFA) and the Saudi National Bank (SNB) have signed a strategic partnership agreement aimed at developing human capital in the financial sector. The collaboration is part of joint efforts to support the obje ctives of Saudi Vision 2030 and enhance the national talents’ sustainability and competitiveness. The agr eement was signed on behalf of T he Financial Academy by Mr. Mana AlKhamsan , Chief Executive Officer, and on behalf of SNB by Mr. Hasan Hammad, SEVP Group Chief Human Resources. Under the terms of the agreement, the Academy will deliver over 100 training offerings , including leadership programs , and professional certifications. Additionally, the training powerhouse will conduct in-person and online workshops. These initiatives target more than 4,000 trainees from SNB. “This partnership is an extension of the strategic role played by The Financial Academy in improving human capital within the financial sector — particularly in banking. In pursuit of this, TFA adopts the best international practices and standards and aligns programs with the requirements of the Financial Sector Development Program (FSDP) to build a Saudi pro sperous financial future ,” stated AlKhamsan . From his part, Hasan Hammad asserted that the strategic initiative showcases SNB’s commitment to supporting and empowering national talents in the banking sector. “Cooperation with leading institutions like The Financial Academy would level up the quality of professional education and equip the national talents with the necessary skills to meet future challenges, thus contributing to the financial sector development, ” he said.
08 July, 2025
The Financial Academy (TFA) has launched signature program Emerging Insurance Leaders — an outcome of a strategic cooperation agreement with the Mediterranean and Gulf Cooperative Insurance and Reinsurance Company (MEDGULF) . The bilateral collaboration is centered around the common goal of developing and improv ing the capabilities of the financial sector workforce, aligning with the object ives of Saudi Vision 2030. Explaining the goals of the program, Mr. Mana AlKhamsan , CEO of The Financial Academy, shared that the “Emerging Insurance Leaders” is one of the Academy’s signature programs designed to supercharge efficiency of human capital across the financial sector. “The program enhance s the participants’ understanding of an insurance company’s strategic functions, providing them with valuable insights into its processes, challenges, and opportunities. Plus, t he course offers an engaging, interactive and challenging experience that enables learners to further develop their insurance industry know-how . A special exploration of top trending topics in insurance industry will also empower participants to navigate future challenges and oppo rtunities faced by the industry, ” AlKhamsan noted. Adding to the above, Mr. Umar Al Mahmoud, CEO of MEDGULF , stated that the “ Emerging Insurance Leaders ” falls within the framework of insurance workforce development — a goal being pursued through specialized programs and internationally-recognized certifications. “The program targets young leaders in insurance industry who exhibit potential for future strategic leadership roles. The course aims to equip participants with the knowledge and skills necessary to navigate and lead in the evolving landscape of the insurance sector. The curriculum covers critical areas such as value creation, the impact of Artificial Intelligence (AI) and data, natural catastrophe management, and sustainability. It also addresses ways to develop strategic thinking and manage risks,” he concluded.
