RIYADH — The Financial Academy signed Wednesday a memorandum of understanding with the London Institute of Banking and Finance (LIBF), to provide a number of specialized training programs and high-quality professional certificates that meet the needs of the financial sector and enhance opportunities for continuous professional development, which will positively affect human cadres in the Saudi financial sector.

The memorandum of understanding was signed at the Financial Academy Forum 2022 in the presence of the Director General of the Financial Academy Mane Bin Muhammad Al-Khamsan and the Director General of the London Institute in the Middle East, North Africa, and the Arabian Gulf Karim Rifai.

This memorandum of understanding aims to enhance cooperation and integration between the two sides in the field of developing the capabilities of human cadres in the Saudi financial sector by providing specialized training programs and professional certificates of high quality, in line with the needs of this sector.

The director general of the Financial Academy also confirmed that signing this memorandum with the LIBF is part of the Financial Academy’s strategy to build local, regional, and international partnerships and alliances with the most prominent entities in the world, which would contribute to the development and improvement of human cadres in the financial sector. — SPA