Alinma Bank has recently entered into a partnership agreement with the Ministry of Education and the Saudi Arabian Monetary Agency (SAMA) whereby the bank will extend employment offers to graduates of the Custodian of the Two Holy Mosques Scholarship program, which supports the studies of talented Saudis at international universities. As part of the program, SAMA will coordinate with the Ministry of Education, communicating the skills and competencies needed within the banking and financial services sectors. The ministry will, in turn, work to ensure that a sufficient number of students abroad pursue appropriate degree programs to address this need. Alinma will then focus its hiring efforts on returning graduates with the required competencies.
Speaking about the agreement, Dr. Sulaiman Al-Hudaif, General Manager of Human Capital at Alinma, emphasized Alinma Bank’s desire to contribute to Saudization efforts across the kingdom as well as the development of skills and qualifications among talented Saudis. He also pointed the Alinma’s own Saudization rate as evidence of the success of the bank’s efforts, in line with the National Transformation 2020 program Saudi Vision 2030 targets.
Alinma Bank is a leader in recruitment and training in the banking sector. Through its "Al-Qawi Al-Ameen" program, the bank identifies and then provides an 8-month training rotation to recent bachelor’s and master’s degree holders. Top program graduates are then extended employment offers. Through its “Wa’ed” program, Alinma provides ongoing training and development support for current employees. Both programs have been a success and as a result of the bank’s efforts in this regard, the Vice Governor of SAMA, Mr. Abdulaziz Bin Saleh Al Furaih, recently recognized six Alinma employees for their outstanding completion of SAMA’s retail banking certification process, which is administered by the organization’s Institute of Finance.