As part of its strategy to qualify national talents and develop the financial sector in the Kingdom, the Saudi British Bank (SABB) organized the “Enterprise Risk Leadership Program” in Riyadh, in cooperation with the HSBC Group and the University of Cambridge, for the first time outside London and Hong Kong, to promote a culture of risk management and benefit from the best global experience and expertise in this field.
On the occasion of the program’s completion, the bank held a celebration and certified a group of employees with international best practices for dealing with institutional risks. The graduates were honored in the presence of His Excellency Dr. Fahad Al-Shathri, Deputy Governor of the Central Bank of Saudi Arabia for Supervision, and senior SABB officials headed by Managing Director, Mr. Tony Cripps.
“We commend the SABB for organizing this risk management program, the first of its kind, which helps to develop national skills and support national leadership to develop the financial sector and achieve the Kingdom’s Vision 2030,” said Dr. Fahad Al-Shathri. the occasion. I would like to emphasize that the training of employees in the financial sector in risk management and the sensitization of senior managers in this sector are of particular importance to the Central Bank of Saudi Arabia, and the organization of such a global program demonstrates the importance of Kingdom and the opportunities it offers to its citizens and foreign investors. “
He added that it is “critical for banks to recognize the risks associated with today’s new reality in order to provide an effective and responsive governance structure to manage these risks.” We are delighted to see SABB providing such opportunities to its employees with the aim of developing national skills and capabilities. We look forward to SABB continuing to play a leadership role in providing banking education courses and outreach initiatives.
“Organizing this program stems from our dedication to social, environmental and governmental sustainability, which is a key pillar of our SABB strategy,” said Tony Cripps. Since the concept of enterprise risk management is now more important than ever to the success of any organization, we were eager to take the lead in improving the business sector of the Kingdom, bringing a successful global experience in this area and to continue to play a central role. in the development of the financial sector and support for the principles of sustainable development. “
SABB is committed to achieving the goals of the Kingdom’s Vision 2030 and establishing its strategic partnerships to support projects aimed at achieving sustainable development, the financial sector development agenda and digital transformation.
About Saudi British Bank (SABB):
Saudi British Bank (SABB) is a licensed financial institution operating under the supervision and control of SAMA. SABB was established in 1978G as a Saudi joint-stock company. SABB is an associated company of the HSBC Group.
SABB offers integrated financial and banking services, including retail banking, corporate banking, investment, private banking and treasury. The paid-up capital of SABB is SAR 20.5 billion.