DHAHRAN, Saudi Arabia — Aramco Wednesday announced its development and participation in the start of Altamayyuz Finance and Accounting Excellence Academy, a initially-of-its-type collaboration amongst leading accountancy corporations and investment financial institutions which establishes a heart of excellence for finance and accounting.
The academy is the final result of a strategic alliance that will supply an distinctive economic and accounting improvement framework derived from planet-class applications and partnerships with top company colleges and companies. It aims to establish the capabilities of major finance and accounting graduates in Saudi Arabia, supporting to electric power the expansion of money providers in the region and type a hugely-expert expertise pool for personal and general public employers.
Aramco has partnered with the Technical & Vocational Training Company, Saudi National Bank (SNB), HSBC, Citi Lender, J.P. Morgan, KPMG, Goldman Sachs, Deloitte, EY and Morgan Stanley to launch Altamayyuz Academy.
Aramco Chairman Yasser Al-Rumayyan stated: “I am pleased to inaugurate Altamayyuz Academy, which is the most recent in a extended record of distinguished Aramco initiatives serving this bold nation. The academy will support the improvement of Saudi workforce in the economic sector by special packages available in co-ordination with some of the world’s major economic establishments, giving an prospect to update both their techniques and encounter.
“The inauguration of the academy coincides with the fifth anniversary of Saudi Arabia’s Vision 2030 and it aligns carefully with the country’s aspirations for the future. This academy will engage in an efficient position in enriching the monetary, expense and accounting sectors, additional enabling the financial renaissance now underway in the Kingdom.”
Aramco President & CEO Amin H. Nasser stated: “Saudi Arabia is witnessing huge improvement, which will be further improved by way of the provision of top quality schooling possibilities for our formidable young gurus. At Aramco we are dedicated to equipping long run generations with the capabilities they will need to succeed, not only in the energy sector but in other fields where they can make a good variance, which include in the monetary services sector.
“Altamayyuz will harness the abilities of some of the world’s most prestigious intercontinental money and accounting firms, aiding build the capabilities of youthful graduates from each the public and private sectors. In doing so it will instill a spirit of excellence in gifted younger professionals — and enable spur the groundbreaking development underway across the nation in assistance of Eyesight 2030.”
Khalid H. Al-Dabbagh, Aramco’s senior vice president of finance, strategy and advancement, explained: “Meeting the challenges of tomorrow involves investing in the graduates of right now so we keep in advance of the curve. With Altamayyuz Academy, we are developing a worthwhile resource of talent and an energetic countrywide spouse in creating a thriving money sector in Saudi Arabia.
“The method will assist unlock the total prospective of the Kingdom’s human money by accelerating abilities constructing and information transfer to our top talent. We not only transform fantastic aspirations into truth, but we foster a foreseeable future proofed sustainable financial system.”
Atamayuzz Academy delivers a globe-course finance method for the Kingdom’s top rated graduates, which fuses worldwide technical understanding with current market abilities. The software methodology is immersive, interactive, and experiential, with individuals constantly networking with gurus and sector leaders by means of seminars, circumstance reports, vocation counseling, coaching, and mentoring.
Members in the academy’s courses will have the chance to examine the newest procedures and know-how in monetary accounting, fintech, management accounting, cash markets and Islamic finance, mergers and acquisitions, and financial modeling by means of an intense curriculum sent in collaboration with Spain’s IE University.
They will have entry to coaching classes and a fintech immersion week in San Francisco, in partnership with Stanford College. Atamayuzz Academy courses have now commenced and a usual program will previous for six months. — SG