Saudi Aramco today announced its establishment and participation in the launch of the Accounting and Financial Excellence Academy, in cooperation that is the first of its kind with leading accounting firms and investment banks around the world. The Financial and Accounting Excellence Academy is a unique strategic alliance between Saudi Aramco and major international banks and accounting firms, as the Academy will provide an exclusive educational framework based on global training programs and partnerships with major business schools and companies operating in the financial sector. The Academy aims to build the capabilities of distinguished financial and accounting graduates in the Kingdom, to contribute to promoting the growth of financial services in the region, and to provide highly skilled competencies for employers in the private and public sectors.

As part of its efforts to launch the academy, Saudi Aramco has entered into partnerships with: HSBC Bank, Citibank, GBMorgan, KPMG, Goldman Sachs, Deloitte, Ernst & Young, Morgan Stanley, National Bank of Saudi Arabia, and the Public Institution for Training. Technical and professional.

On this occasion, His Excellency the Chairman of the Board of Directors of Saudi Aramco, Mr. Yasser Al-Rumayyan, said: “On this day, I am pleased to inaugurate the Academy of Excellence, to become part of Saudi Aramco’s journey full of distinguished initiatives to serve this ambitious nation. The Academy aims to support national cadres and employees of companies in the financial sectors by providing programs designed to improve the skills and experiences of those enrolled in it.

Al-Rumayyan added, “The launch of the Academy of Excellence coincides with the anniversary of the five-year anniversary of the Kingdom's 2030 vision and its roadmap for the future. That achieves our aspirations and reflects the capabilities of the Kingdom. This academy will have an effective role in enriching the financial, investment and accounting sectors, given the economic renaissance the Kingdom is witnessing today in various levels.

Saudi Aramco President and Chief Executive Officer, Eng. Amin Al-Nasser, said: “The Kingdom of Saudi Arabia is witnessing, thanks to God, a tremendous developmental movement. To present it to the future of the nation. As for the Academy of Excellence, it is a new addition that aims to develop the nation's youth and girls according to international standards. We were keen that the Academy of Excellence is not just a name for an institution, but rather an approach, thought, culture and behavior, as the academy is based on a new and innovative model, ”indicating Saudi Aramco’s keenness that this academy not be limited to serving its employees, but that the bulk of the participants will be competencies that meet Nomination criteria from the private and public sector, and all sectors of the country.

Al-Nasser added: “The city of Riyadh has been chosen as the headquarters for this global academy. Riyadh is witnessing amazing transformations and pioneering expansion that will make it the city of dreams and one of the greatest cities of the future, God willing, attracting money and business, and an incubator of talents and minds.” Al-Nasser concluded his speech, expressing sincere thanks to the partners of success and excellence .. the founders and supporters, and congratulating the first batch of our daughters and sons admitted to the Academy, wishing them an experience full of success and distinction.

In turn, the Senior Vice President for Finance, Strategy and Development, Mr. Khaled Al-Dabbagh said: “Overcoming the challenges of tomorrow requires investing in today's graduates in order to always stay ahead. Through the Academy of Financial and Accounting Excellence, we will provide a valuable resource for competencies and an effective partner in achieving the desired national goals, by establishing a thriving financial sector in the Kingdom. The Academy program will contribute to unleashing the full potential of the Kingdom's manpower by accelerating skills building and knowledge transfer. We are not only fulfilling ambitions, but we are also promoting a sustainable and robust economy. ”

The Accounting and Financial Excellence Academy is a world-class financial program for distinguished graduates in the Kingdom, which integrates global technical knowledge with market expertise. The program applies a comprehensive, interactive and experiential education methodology, and allows participants to continue communicating with experts and sector leaders through seminars, case studies, and future career counseling, training and mentorship.

Participants in the Academy’s programs will have the opportunity to study the latest sciences in financial accounting, management accounting, financial technologies, money markets, mergers and acquisitions, financial modeling, and Islamic finance, in an intensive program offered by IU. E. In Spain. Participants will also be able to attend FinTech Week in San Francisco in partnership with Stanford University, and other related training sessions. The Academy’s programs began with its inauguration. The first batch of AASTMT students will complete the training program within a period of 6 months.