About Conference

2nd Digital Banking Saudi 2030 Summit

The COVID-19 pandemic has led to a global wave of digitisation, directly impacting the banking and payment processing industries. The Saudi Vision 2030 has several programs under its umbrella, including the Financial Sector Development Program (“FSDP”), that aims to increase cashless transactions, stabilise, and diversify the financial sector, while adhering to relevant international standards. In furtherance of this goal, the Saudi Central Bank (“SAMA”) and the Capital Market Authority (“CMA”) have been working on several initiatives that will pave the way for the increasing digitisation of the banking, securities, and payments processing sectors in the Kingdom of Saudi Arabia.

The Saudi cabinet approved a license for D360 bank, the central bank said in a statement. The digital bank is backed by a “consortium of individual and corporate investors” led by Derayah Financial Company, while the kingdom's Public Investment Fund is “one of its key investors,” according to the statement.

Digital banks come to realize the Saudi Digital Transformation Plan, which represents an integral part of the Kingdom Vision 2030. The Saudi market is huge. The Kingdom needs more banks to heat up the competition and provide quality services and attract more clients to raise the bar of the Saudi banking industry. The local market can accommodate more banks. The Kingdom can have regional banks and community banks. Digital banks will be a game changer.

Digital banks licensed in Saudi Arabia will help improve the quality and user experience for customers in the Kingdom, supporting innovation and reducing costs, said Yazeed Alsheikh, director for general of banking control at Saudi Central Bank (SAMA).

SAMA announced the issuance of its Open Banking Policy in January 2021. Although brief, the Open Banking Policy provides a succinct overview of the benefits SAMA envisages from ‘Open Banking’, how such benefits are in line with the strategic objectives of Vision 2030 and FSDP, and how SAMA plans to implement the policy in the Kingdom. The 2nd Digital Banking Saudi 2030 Summit & Awards will bring together 100+ Fintech super giants from across the KSA region.

About Speakers

Event Speakers

Abdulrahman Almalki

Abdulrahman Almalki

Business Development & Sales Director

HyperPay

Mohammed Abu Alsaud

Mohammed Abu Alsaud

General Manager

KSA

Majed M. AlShodari

Majed M. AlShodari

Chief Cyber Security Officer

Salama Corporate Insurance Company

Mohammed Tarik KOUBAA

Mohammed Tarik KOUBAA

Head IT Business Management

Emirates NBD

Amna Al Balushi

Amna Al Balushi

Chief Information Security Officer (CISO)

Bank Nizwa

Mustafa Zatari

Mustafa Zatari

VP Head of Brand & UX

Riyad Bank

Kaiser Naseem

Kaiser Naseem

International Development Banker

Dr. Ahmed Darwish Elsayed

Dr. Ahmed Darwish Elsayed

Head of Digital Delivery

Bank Albilad

Ali Alomran

Ali Alomran

Chief Information Officer

Arab National Bank

Anshul Srivastav

Anshul Srivastav

Chief Information Officer & Digital Officer

Union Insurance

Hisham Mohamed

Hisham Mohamed

Chief Information Security Officer

Emirates NBD, Egypt

Mughees Shaukat

Mughees Shaukat

Islamic Banking Advisor, Oman | Vice Chairman AEB, AAOIFI, Bahrain;

Fintech & Digital Banking Specialist, MIT, USA; Chairman, FGI, Canada & Pioneer Head of Islamic Finance, Oman

Industry Focus

  • Public Banks
  • Private Banks
  • Foreign Banks
  • Small Finance Banks
  • Payments Banks
  • Cooperative Banks
  • NBFCs
  • Mutual Funds
  • General Insurance Companies
  • Health Insurance Companies
  • Asset Management Companies
  • Technology Service Providers
  • Life Insurance Companies

Who Will Attend

  • Chief Information Officer
  • Chief Technology Officer
  • Chief Digital Officer
  • Chief Innovation Officer
  • Chief Customer Experience Officer
  • Chief Operating Officer
  • Chief Information Security Officer
  • Head of Information Technology
  • Chief Marketing Officer
  • Heads of corporate banking
  • Head of retail Banking
  • Heads of Data and Analytics
  • Head of Risk and Compliance
  • Heads of Cards and Payments
  • Representation from the Ministry of Finance and other related stake holders

Sponsors & Partners

Associate sponsor

Networking partner

Media partner

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