A decision has been issued appointing His Excellency Mr. Mazen bin Turki Al-Sudairi as Chairman of the Board of Trustees of The Financial Academy, succeeding His Excellency Mr. Mohammed ElKuwaiz, following his appointment as Chairman of the Board of the Capital Market Authority (CMA) with the rank of Minister.

This appointment is in accordance with The Financial Academy's bylaws, approved by a Council of Ministers resolution, which govern the formation, chairmanship, and competencies of the Board of Trustees. This further reinforces The Financial Academy's role 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 accelerating transformations in financial markets and services — in alignment with the targets of Saudi Vision 2030 and the Financial Sector Development Program.

The Board of Trustees serves as the governing authority responsible for overseeing the management of The Financial Academy's affairs, setting its general policies, and supervising its strategic direction — thereby supporting the development of specialized professional initiatives and programs and enhancing the efficiency and sustainability of the Academy's operations in service of the financial sector.