His Excellency Mr. Mohammed bin Abdullah Elkuwaiz, Chairman of the Board of the Capital Market Authority, has issued a decision to reconstitute the Board of Trustees of The Financial Academy for a three-year term, pursuant to Article Four of The Financial Academy’s Regulation issued by the Council of Ministers.

The newly formed Board of Trustees includes His Excellency Mr. Mohammed bin Abdullah Elkuwaiz as Chairman; Eng. Ali bin Saleh Alqarawi as Vice Chairman and member representing the Saudi Central Bank; Dr. Murayh bin سعد Habbash as a member representing the Capital Market Authority; and Dr. Badr bin Hazzaa Alotaibi as a member representing the Saudi Central Bank. The Board also includes Mr. Tariq bin Abdulrahman Al-Sudhan, Mr. Tariq bin Ziad Al-Sudairi, Dr. Mohammed bin Faraj Alzahrani, Ms. Mai bint Mohammed Alhoushan, Mr. Othman bin Yousif Alqusabi, and Mr. Mana bin Mohammed Al Khamsan, Chief Executive Officer of The Financial Academy, as members of the Board.

The decision reflects the continued role of The Financial Academy as one of the key enablers of human capital development in the financial sector, supporting the readiness and qualification of national talent to keep pace with the rapid transformations in financial markets and services, in alignment with the objectives of Saudi Vision 2030 and the Financial Sector Development Program.

The Financial Academy is committed to implementing the highest standards of institutional governance while enhancing efficiency and transparency across its programs and initiatives. The Board of Trustees serves as the supervisory authority overseeing the Academy’s affairs, setting its general policies, and guiding its strategic direction, thereby supporting sustainable growth and the development of specialized professional initiatives and programs for the financial sector.

Through its new formation, the Board will contribute to strengthening integration among regulatory authorities and financial institutions, supporting innovation in training and qualification, and enhancing the competitiveness of the financial sector through the development of national capabilities and specialized future-ready skills