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SHUAA Ranked in Top 10 Places to Work in UAE
(8 February 2011)

 

SHUAA Capital, the leading investment bank in the GCC, is pleased to announce that it was recently ranked 7th in The Great Places to Work® (‘GPTW’) UAE survey and the only financial services company within the top 10. The Great Places to Work survey ranked the UAE’s 10 best employers based on the confidential feedback of their staff and an independent culture audit of their HR practices by the Institute. It was conducted in association with Gulf Business magazine and is GPTW’s first survey in the UAE.

Sameer Al Ansari, Chief Executive Officer of SHUAA Capital, commented:
“Our industry is about attracting, developing and retaining the very best talent, as this is how we will continue to deliver the highest quality service to our clients. At SHUAA, we are committed to empowering our people and fostering the SHUAA culture throughout the Firm. This develops trust at every level which is an essential part of being a successful company. It is a testament to our business and our people that we were the only financial institution in the top ten and it is all the more pleasing that we were placed amongst some of the world’s largest and best known multinationals.”

For over thirty years, SHUAA has been an influential player in the regional banking industry. The Heads of core business lines are leaders in their field who are passionate about developing a high-performing team culture, rewarding its teams for innovation, idea initiation and performance. Over the years this has been recognized by the multiple industry awards SHUAA has received, such as ‘Euromoney’s “Best Equity House Middle East 2008” and EMEA Finance’s “Best Institutional Asset Manager in the UAE 2010”.

SHUAA prides itself on offering employees a comprehensive learning and development programme and providing a flexible working culture. The firm continually re-evaluates its programmes to ensure they offer the best employee value proposition.

Key to SHUAA’s approach to talent management is ensuring that all employees are given regular feedback on their career development. Employees discuss job satisfaction and career progression with their supervisors at least twice a year. In addition, SHUAA benchmarks remuneration using various external agencies including Hays and McLagans to ensure employees are rewarded in line with the market.

Mila Tutor, Director Human Resources at SHUAA Capital, adds:
“Given the challenging economic environment, we are working hard to ensure employees feel supported by the Company and have a healthy work-life balance. SHUAA sees active communication within the Firm as an important part of this support. We endeavour to make sure that our employees are kept informed on all company initiatives, by using communication tools such as town hall meetings and regular intranet video messages from our CEO. Retention of key staff and a sophisticated approach to talent management is essential to our long term success. We have a strong company culture and want to give employees a sense of pride that they are working for one of the best firms in the sector.”

 

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