As one of the leading financial services organisations in Saudi Arabia, the new partnership is part of the SABB’s strategy to become a best-in-class international finance organisation, but most importantly by supporting the Saudi Vision 2030. By providing Saudi nationals access to internationally recognised qualifications and training, supporting the development of their skills and abilities, SABB can help them achieve a better future that matches their qualifications and ambitions.

Matthew Pearce, Chief Financial Officer at SABB, said: “By partnering with a world leading accountancy and finance organization that maintains the highest professional standards, SABB is very proud to become the first bank in the kingdom to be an Authorized Training Employer with ICAEW. This partnership aligns with SABB’s vision and strategy to be internationally connected while developing Saudi nationals and supporting Vision 2030.”

Completing the ACA qualification enables professionals to use the title ‘ICAEW Chartered Accountant’. Valued by businesses worldwide, more than 5,000 employers are currently training ACA students. The qualification provides students with the combination of finance knowledge, accountancy skills and real-world business experience they need to succeed.

Michael Armstrong FCA, ICAEW Regional Director, Middle East, Africa and South Asia, said: “ICAEW works with employers to support the professional development of their teams. In Saudi Arabia, ICAEW works alongside the national profession to complement the important national accountancy qualification and equip finance talent with the broad range of technical knowledge and professional skills they need to make a great contribution to their organizations.

“As an Authorized Training Employer, SABB will be able to prepare employees for the internationally recognized ACA qualification. Throughout the world, our training partners benefit from being able to attract the best talent and develop the next generation of business leaders. Our partnership with SABB underscores its commitment to remain at the forefront of the fast-paced banking industry and contribute to the growth of Saudi Arabia’s financial services industry.”

The knowledge and skills provided by the ACA means that ICAEW Chartered Accountants are highly sought after professionals - the qualification is held by board members in 78 of FTSE 100 companies.

Media enquiries:

Contact Jude Obi, ICAEW press office, on +44 (0)20 7920 8564 or email jude.obi@icaew.com 

Pedro Wisden, Mojo PR, on +971 (0)52 527 4062 or email pedro@mojo-me.com 

About ICAEW

  • There are over 1.7m chartered accountants and students around the world - talented, ethical and committed professionals who use their expertise to ensure we have a successful and sustainable future.

    Over 180,000 of these are ICAEW Chartered Accountants and students. We train, develop and support each one of them so that they have the knowledge and values to help build local and global economies that are sustainable, accountable and fair.  

    We’ve been at the heart of the accountancy profession since we were founded in 1880 to ensure trust in business. We share our knowledge and insight with governments, regulators and business leaders worldwide as we believe accountancy is a force for positive economic change across the world.
  • ICAEW is a founder member of Chartered Accountants Worldwide and the Global Accounting Alliance.

About SABB

The Saudi British Bank (SABB), a Saudi Joint Stock Company, was established in 21 January 1978 and is an associate of the HSBC Group. The main objectives of the Bank are to provide a complete range of integrated banking products and services to both retail and corporate sectors throughout its departments, business segments and its branch network across the Kingdom of Saudi Arabia. The Bank provides to its customers a complete set of conventional banking products and services which include current accounts, savings, time deposits, corporate credit facilities, consumer and mortgage loans, trade finance, cash and payments management, treasury and credit cards. The Bank also provides Shariah approved products, which are approved and supervised by an independent Shariah Board.

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