The Director General of the General Administration of Governance, Risk, and Commitment at the Saudi Ministry of Finance, Mr. Abdulaziz AlMusaed, participated Tuesday, October 21, 2025, in the Governance, Risk, and Commitment Forum 2025, held in Riyadh. The event aims to bring together an elite group of field experts in the Kingdom from various sectors to discuss ways to enhance the role of audit departments in supporting the goals of Saudi Vision 2030.
During the session "Censorship and Confirmation as an Enabling Factor for Achieving Saudi Vision 2030," AlMusaed stressed that oversight and confirmation represent a fundamental pillar in supporting the goals of Saudi Vision 2030. These activities contribute to strengthening the principles of good governance, consolidating the values of transparency and accountability, while ensuring the sustainability of effective institutional practices, he said.
He added that activating the role of oversight and confirmation increases the efficiency of institutional performance, as well as supports the ability of sectors to face challenges and adapt to rapid changes. This enhances the confidence of society and investors and keeps pace with the Kingdom's development ambitions, Mr. AlMusaed said. He added that building a strong system of oversight and assurance opens broader horizons for achieving financial and operational sustainability, and that this constitutes a major tributary to the national transformation process towards a more prosperous and stable future.
Participants in the forum sessions also discussed ways to consolidate best practices in the areas of governance, risk, and compliance, which contributes to enhancing its role as a major enabler in the public and private sectors. In addition, they discussed the role of governance, risk, and compliance in supporting the attraction of investments and enhancing the confidence of society as well as local and international markets. Finally, they discussed these activities' contributions to advancing the national transformation process and achieving the goals of Saudi Vision 2030.