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.