Financial Academy of Saudi Arabia receives accreditation from CII
Publication date:
12 March 2025
Last updated:
12 March 2025
The Financial Academy (FA) of Saudi Arabia has received accreditation from the Chartered Insurance Institute (CII) as an Approved Professional Development Centre (APDC). Accreditation represents the FA’s adherence to the CII Code of Ethics, as well as best practice and principles in professional training and development.
The FA is a leader in training, career development, and professional certification services for the financial sector in Saudi Arabia, covering banking, finance, insurance, and capital markets. It has worked with the CII since 2020, when the Academy began hosting the CII’s internationally recognised qualifications. The prestigious accreditation sees the FA reinforcing its position as a key player in shaping the future of the financial sector’s workforce in Saudi Arabia.
Learning development entities who attain accreditation as an APDC must demonstrate competence across course delivery, teacher competence and credibility, teaching and learning support, professionalism, quality and consistency, evaluation, and record keeping. APDCs are subject to annual reviews and must continue to meet CII accreditation standards.
Existing CII accredited APDCs include the Al Ghad Training Institute, the Bahrain Institute of Banking & Finance, The Applied College in Saudi Arabia, Excellence Training Solutions in Bahrain, Phoenix Training Cente in Saudi Arabia, and the Training Plus Institute in Bahrain.
Gaenor Jones, Regional Director of the CII Middle East, comments: “We are delighted to be recognising the Financial Academy as an APDC, an accreditation which it wholly deserves due to its continued commitment to best practice and adherence to the CII’s professional standards. We have enjoyed a very successful collaboration over the past few years in our collective efforts to upskill those in the insurance and financial planning sectors, and we are looking forward to further strengthening that relationship through this latest initiative.”
Mohammed Alhamazany, Chief of Capability Development of the Financial Academy, comments: “The Financial Academy is truly honoured to receive recognition as an APDC by the CII. This accreditation reflects our long-standing commitment to upholding the highest standards of professionalism and our ongoing efforts to support the growth and development of those in the insurance and financial sectors.
“Our partnership with the CII has been both productive and rewarding, and we are proud of the progress we’ve made together in advancing industry knowledge and skills. We look forward to continuing our successful collaboration with the CII, working hand in hand to deliver high-quality professional development opportunities that contribute to the continued success of individuals and the industry as a whole.”