The Financial Sector Conference 2023 held its second edition on March 15-16, 2023, in Riyadh City. It discussed the opportunities and challenges facing the global economy, the supply chain shortage, the effects of COVID-19 pandemic, and the factors contributing to decelerated growth in some parts of the world along with its consequences on the financial sector ecosystem and its clientele.
The conference, attended by financial policymakers and high-level executives from domestic, regional, and international financial institutions, along with global investors, businessmen, and academic experts, discussed the future of the financial sector in light of digitalization.
The conference explored financial institutions' adaptation and responsiveness to the financial landscape, particularly in light of rapid technological advancements, the emergence of non-bank financial players, the new reality at the economic level, and shifting demands. The conference also discussed the need for financial institutions to reassess their market roles and how they can more effectively serve their customers, given their flexibility in the market.
The Financial Sector Conference 2023 addressed investing for the future, the required reviews of risk management and product offerings, green finance and investment initiation, new technologies, and investors’ changing expectations with market fluctuations, in addition to new opportunities and challenges for those wishing to invest safely.
