As per the deal, training consultations and leadership programs will be offered by TFA.

- The Financial Academy (TFA) and Holy Makkah Municipality inked today a Memorandum of Understanding (MoU) to step up joint action. The deal is guided by TFA’s mandate of developing and advancing the capabilities of the financial sector human resources, aligning with the targets of Saudi Vision 2030.

The MoU was signed by Mr. Mana bin Mohammed AlKhamsan, CEO of The Financial Academy, and Mr. Mohammed Bukhary, Deputy Mayor of Holy Makkah Municipality for Human Capital.

Accordingly, TFA will offer training consultations, analyzing the Holy Makkah Municipality workforce’s specific needs. In addition, the two sides will collaborate in designing and delivering specialized training programs for the municipality employees, as well as leadership development programs for its leaders. Assessment-based recommendations for developing and improving performance and operations will be offered too.

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’s 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.