Saudi British Bank (SABB) has signed a cooperation agreement with Takamol Business Services. The agreement aims to enhance SABB’s digital strategy by digitizing training programs offered by SABB Academy in collaboration with the Financial Academy,  an initiative under the Financial Sector Development Program.

The agreement was signed by and between Chief Human Resources Officer at SABB, Dr. Nawaf Al-Husseini, and the Executive Vice President for Employment and Enablement Unit of Takamol Business Services, Ms. Abeer Al-Hashimi, in the presence of Ms. Safa Al-Talhi, Head of Training Delivery at the Financial Academy. Under the agreement, SABB Academy's mechanism for providing training programs will be digitally converted utilizing cutting-edge creative technical solutions, keeping pace with the Kingdom's digital transformation, and contributing to the Kingdom's Vision 2030 objectives. The Financial Academy will supply educational materials and will pay special attention to the quality of training programs that will contribute to building promising careers for trainees.

On this occasion, Dr. Nawaf Al-Husseini commented: “Following the successful achievements of SABB Academy over the past years, we decided to step forward to a new stage that keeps pace with the Kingdom’s digital transformation. We rely on the principle of remote education, thus giving an opportunity to scale to involve larger numbers of trainees in various regions of the Kingdom to benefit from the educational and training programs offered by the Academy, coupled with promoting efficiency, effectiveness, and resilience, as well as to saving time and effort.”

On her part, Safaa Al-Talhi said: "This initiative stems from the Financial Academy goal to develop human cadres in the financial sector and keep pace with the digital transformation in the sector, in line with the objectives of the Kingdom's Vision 2030, and to enhance cooperation between the public and private sectors for the benefit of both parties."

Takamol’s EVP for Employment and Enablement, Ms. Abeer Al Hashemi, expressed her thanks to SABB’s leadership for their trust in Takamol to be part of the Bank's renewed giving, successes, and achievements in qualifying national cadres for several years. She added: “This agreement will contribute to accelerating the digital transformation and maximizing the impact of the academy by leveraging Takamol’s experiences in digitizing training, qualifying Saudi nationals, and employing them to join the labor market and job sustainability.”

SABB Academy seeks to qualify men and women trainees to enter the labor market, by providing them with advanced and intensive training courses. The Academy’s programs cover a wide range of financial and administrative disciplines, all of which are carefully customized to meet the needs of the labor market requirements. Courses under this program will be available digitally starting the fourth quarter of the current calendar year.

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About the Saudi British Bank (SABB):

The Saudi British Bank (SABB) is a licensed financial institution operating under The Saudi Central Bank "SAMA". supervision and control. SABB was established in 1978 as a Saudi joint stock company. SABB is an associate company of the HSBC Group.

SABB offers integrated financial and banking services including personal banking, corporate banking, investment, private banking and treasury. SABB paid-up capital is SAR 20.5 billion.

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