BSF signs sponsorship agreement with CFA Society Saudi Arabia to develop local finance community

13/May/2024

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BSF is aiming to develop a local community of finance and investment professionals in the Kingdom, directly contributing to Vision 2030

March 2024, Riyadh, Saudi Arabia – BSF one of the largest commercial and corporate banks in Saudi Arabia, has announced its partnership with CFA Society Saudi Arabia, to jointly promote excellence in investment and finance in the Kingdom.

The year-long alliance will provide BSF with access to CFA Society’s membership base of more than 500 members, allowing employees and executives to engage in educational and career resources as well as professional events. BSF is aiming to nurture a local community of finance professionals, while building ties with a global and certified group of experts.

The development of the financial sector is a key pillar outlined in Saudi Vision 2030, contributing to economic growth and diversification through efforts such as the upskilling of finance professionals, updating regulations, and modernization of practices. Through initiatives such as the sponsorship of the CFA Society Saudi Arabia, BSF is striving to enable an environment for continuous learning and development for its employees and the wider community, directly support Saudi’s long-term growth ambitions.

Commenting on the sponsorship, Bader Alsalloom, Chief Executive Officer of BSF, said: “Our association underscores BSF’s unwavering dedication to empowering its employees by equipping them with unparalleled access to career resources and a thriving global network of experts. At the same time, we regard it as our social responsibility to support the goals defined in Vision 2030, contributing to the development of society at large. Through this collaboration and others, we aim to cultivate a flourishing community of finance professionals, essential for the modernization and growth of the Kingdom's financial sector.”

CFA Society Saudi Arabia is part of the global CFA Institute network, a global association of investment professionals charged with championing ethical behavior in investment markets. Members of CFA Society Saudi Arabia are recognized as ethical, knowledgeable members of the investment decision-making community. As a not-for-profit educational organization, CFA Society Saudi Arabia's mission is to educate and inform investment decision-makers, promote ethical standards in the industry, and assist financial professionals in career development.

As a key player in the Kingdom’s financial landscape, BSF takes pride in its role as a catalyst for the highest standards of professional development in Saudi Arabia, contributing to the overall growth of the economy.