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RIYADH: Financial sector leaders will meet in Riyadh next month to discuss the latest trends and innovations in securities, with a focus on improving human resources, internal capabilities, and economic sustainability.
Under the theme “Unlocking Growth Opportunities,” the Financial Academy, an independent legal and administrative entity, will host the Debt Markets and Derivatives Forum 2024 on September 8.
The event also aims to promote a culture of excellence and continuous learning to support financial sustainability, according to the Saudi Press Agency.
The forum’s objectives align with the Financial Sector Development Program, a crucial element of Saudi Vision 2030.
Launched in 2018, this initiative aims to transform the Kingdom’s financial industry by focusing on banking, insurance, stock and debt markets.
The program, which works hand-in-hand with the Saudi Central Bank, seeks to strengthen and enhance the competitiveness of financial institutions in the Kingdom, driving growth and progress in the national financial market.
Mana bin Mohammad Al-Khamsan, CEO of the academy, highlighted that the forum aligns with their strategy to provide innovative solutions that reflect current financial sector trends.
SPA noted that the meeting will include dialogue sessions and workshops with the participation of both regional and international financial leaders, adding that participants will delve into recent economic developments, evolving investment strategies, and future financial market trends.
The event will also facilitate the exchange of innovative ideas, foster the development of professional relationships, and uncover new opportunities for partnerships. It aims to create a collaborative environment where participants can engage in meaningful discussions, connect with industry peers, and explore potential collaborations that could drive future growth and success in the financial sector.
In October 2023, the Financial Academy organized a similar forum in the Saudi capital aimed at delivering essential training programs to the sector.
The event witnessed the signing of five memorandums of understanding aimed at facilitating advanced research, executive courses, and collaborative efforts to support entrepreneurs through guidance and digital training in open finance.