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24 December, 2025
The Financial Academy (TFA) has signed a cooperation agreement with STC Bank, whereby the training provider will offer a sophisticated package of leadership programs and specialized workshops for the leading digital bank's employees. The deal is aimed to upskill STC's workforce and enhance their professional competencies. Mr. Mana Alkhamsan, CEO of The Financial Academy, and Mr. Mohammed Abdulaziz Al-Fraih, CEO of STC Bank, signed the cooperation agreement, representing their respective sides. Under the agreement, cooperation will be carried out to assess professional competencies when needed; courses will be provided based on training needs; and comprehensive training in banking-related regulatory and governance aspects will be offered across the bank. Additionally, the deal covers one-on-one development plans for key leaders and top management, expert-led workshops, lectures and seminars, as well as training programs for fresh graduates and high-potential employees. Alkhamsan explained that the strategic partnership constitutes an extension of the critical role played by The Financial Academy in competence development across the financial sector, particularly the banking industry. "In doing so, the academy adopts the highest international practices and standards in the field of professional training, ensuring that the training programs are aligned with the goals of Saudi Vision 2030." For his part, Al-Fraih said cooperation with TFA is a strategic turning point that could advance professional training paths in KSA banking sector, adding that the deal serves as an effective response to the fast-paced industry developments and the current labor market requirements. About The Financial Academy 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.
07 December, 2025
The Financial Academy (TFA) and Cyberani , an Aramco Digital company , have inked a stra tegic agreement aimed to step up their joint action to improve the financial sector workforce's cyber security capabilities . The signing ceremony took place on the sidelines of Black Hat Middle East & Africa (MEA) held in Riyadh. T he deal was signed by Mr. Mohammed Alhamazany , Chief of Capability Development at T he Financial A c a demy, and Mr. Tareq AlBassam , Chief Strategy Officer at Cyberani by Aramco Digital. Accor d ing to the agreement, cooperation between the two sides covers various areas including developing joint cyber security programs and training content for the financial sector, implementing courses, workshops and pathways to qualification for national talent, and exchanging technical expertise and advisory support. 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.
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.
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.
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.
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.
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.
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.
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