Jan. 30, 2020


Kholoud Al Dosari

Saudi Arabia

Kholoud Al Dosari

Executive Manager, CFA Society Saudi Arabia

“As a stakeholder of the investment industry, while being a nonprofit gives us a unique vantage point and position us to achieve our vision of an elevated financial industry.”

BIO

Kholoud Al Dosari brings a diverse background that includes nearly 14 years of experience ranging from Strategic Investments to Management Consultancy. She currently sits on the Board of Directors of Northern Trust Saudi Arabia. In addition, she sits on the Board of Advisors of several Saudi companies including Burhan Almarifa, Connect Global Consultancy and recently been appointed as the CFA Society Saudi Arabia Executive Director and Member of the Board. During her career she worked for Alwaleed Bin Talal Foundation, her work included facilitating initiatives with global partners like the Bill and Melinda Gates Foundation and the Clinton Initiative. She later worked for BrainTower an international consultancy with regional presence; during which she led GulfCSR an initiative that advocates Corporate Social Responsibility; and participated at the GCC CSR conference, promoting the importance of social entrepreneurship; she has also served as a member of organizing committees of numerous local and regional conferences including Saudi Law Conference. Her curious nature, personable character and passion for learning developed her career further into the realm of investment, working with Hozoon Holding on their international investments focused on Innovative Technologies and part of the investment committee. She earned her BSc in Mathematics and Applied Statistics from Middlesex University, UK. In addition, she is an Associate Valuer from Saudi Authority of Accredited Valuers and a CFA level III candidate.


What are CFA Society's main mandate and programs in the Kingdom?

CFA Society Saudi Arabia is a nonprofit organization, and we aim to promote the highest standards of ethics, education, and professional excellence in the investment industry. We also work on building an active community of investment professionals through engaging the intellect and insights of our shared membership to achieve our mission. To do this, we start by providing our member base access to continued professional learning opportunities through workshops and seminars, networking events and conferences. As well as to access up to date industry research and informative reports. In addition, we work closely with the support of regulators to bridge the gap between objectives and implantation.

How does CFA contribute to the development of the young talent that is rising in the sector today?

The demand of local talent is casting light on the Importance of professional education and certificates that give practical knowledge and needed skills to the job market that go beyond formal higher education. What differentiates these certifications from university degrees, is that candidates' interest is usually ignited by practical experience rather than theorizing only. We support candidates in Saudi with access to discounted study martials, study groups and mentorship programs. One of our flagship programs is The CFA Institute Research Challenge, which is an annual global competition that provides university students with hands-on mentoring and intensive training in financial analysis and professional ethics. Participating students are tested on their analytic, valuation, report writing, and presentation skills. They gain real-world experience as they assume the role of a research analyst. Local competitions are hosted by CFA Society Saudi Arabia. The winning university team from the local competition advances to middle east regional competitions then advance to the Global Final, where one team emerges as the global champion.

What will be the key factors in driving Saudi Arabia towards sustainable economic growth, lower unemployment rates, and fiscal sustainability in the short term?

I would say that theollaboration of stakeholders is key to the development of any ecosystem. Great initiatives and efforts are being deployed in the mission of developing the Financial sector in Saudi Arabia as part of the main pillars of Vision 2030. It is paramount that different stakeholders are communicating to avoid duplication of efforts. We are not reinventing the wheel; we are simply enhancing its efficiency. This leads to accelerated progress and innovation.

What will be the major trends driving the evolution of the Kingdom's fiscal sector in the medium term?

In today's dynamic and ever-changing economic climate, innovation is less of a choice and more of business imperative. Similar to entrepreneurship, innovation requires a context of engagement and interconnection between people, stakeholders, and ecosystems in order to flourish – in other words an innovation ecosystem. A life example of this would be the agreement between CFA Society Saudi Arabia and TAQEEM, which grants CFA Charterholders a waiver for the TAQEEM examinations.

What are CFA Society's next strategic steps for the year ahead?

As a stakeholder of the investment industry, while being a nonprofit gives us a unique vantage point and position us to achieve our vision of an elevated financial industry. We look forward to continuing our efforts with the support of all industry stakeholders from regulators, employers and universities to actively contribute to the ultimate benefit of society.

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