The Director General of the General Administration of Governance, Risk, and Commitment at the Saudi Ministry of Finance, Abdulaziz AlMusaed, participated in the 2025 Governance, Risk, and Commitment Forum held in Riyadh on October 21. The forum brought together experts from various sectors in Saudi Arabia to discuss the enhancement of audit departments and their role in supporting the objectives of Saudi Vision 2030.
During a session titled “Censorship and Confirmation as an Enabling Factor for Achieving Saudi Vision 2030,” AlMusaed highlighted the importance of oversight and confirmation in supporting the goals of Vision 2030. He stated, “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.”
AlMusaed further noted, “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.” He also said, “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.”
Forum participants discussed strategies for consolidating best practices in governance, risk, and compliance across both public and private sectors. The discussions also addressed how these areas can help attract investment and strengthen confidence among society and markets, both locally and internationally. The forum emphasized the contributions of governance, risk, and compliance activities to advancing national transformation and achieving Saudi Vision 2030’s goals.
