The Financial Academy (TFA) has inked a cooperation agreement with Albilad Capital, the investment arm of Bank Albilad, to promote their joint action. The deal is part of ongoing efforts aimed to develop and refine capabilities of KSA financial sector’s human capital in alignment with Vision 2030 targets.

Mr. Mana bin Mohamed AlKhamsan, CEO of The Financial Academy, and Mr. Zaid Mohamed AlMufarih, CEO of Albilad Capital, represented the two sides in the signing ceremony.

Under the agreement, TFA will deliver specialized training courses for Albilad Capital’s employees to introduce them to a wide range of topics such as anti-money laundering (AML) and the updated regulations of the Capital Market Authority (CMA). In addition, the academy will offer professional certifications covering all financial leadership development areas as well as key skills required by the financial services market. It will also host expert speakers for industry-focused events and programs, and conduct capital market case studies. 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 mainly focused on qualifying the financial sector’s human capital, including senior managers and board members, by advancing their knowledge, capabilities, skills and culture. The FA also develops and promotes best professional financial practices, targeting all components of the financial services sector including banking, finance, insurance and capital market.