Saxo Bank is proud to announce its revamped maternity and paternity leave policy for the U.A.E. office, reinforcing not only the bank’s commitment to a progressive and modern workplace but also our belief in supporting the personal lives of its employees.
Tara Tyan, Regional Head of Marketing at Saxo Bank Middle East, shared, “This comprehensive policy upgrade stands as a resounding testament to our unwavering commitment to cultivating an inclusive work culture. It isn’t just about numbers; it’s about valuing the transformative moments in our employees’ lives. With 100 fully paid workdays for maternity leave, we’re doing our part to ensure a balanced life for our colleagues, where career and family can thrive side by side.“
Key elements of the policy effective from June 1, 2023, encapsulate:
- A Generous Maternity Leave: Ensuring mothers have ample time with 100 fully paid workdays (20 working weeks)
- Inclusivity for Adoptive Mothers: Tailoring provisions for mothers adopting children under five.
- Maximizing Time Together: By combining public holidays and accumulated vacation leaves during the maternity period.
- Recognizing Fathers: A nod to the indispensable role of fathers with a five-day paternity leave.
Damian Hitchen, CEO of Saxo Bank Middle East, commented, “At Saxo, we believe that true success is when our employees feel supported both professionally and personally. We’re welcoming a growing number of new clients and our clients are becoming more diverse – and to cater to their needs it’s important that our culture reflects that”
In sync with the broader vision of Abu Dhabi, Saxo Bank’s policy complements its efforts to promote a superior work-life balance through a nationwide program that recognizes companies providing “parent-friendly” environments, supporting employees in balancing work and family responsibilities. Spearheaded by the Abu Dhabi Early Childhood Authority (ECA), this initiative grants “parent-friendly” labels to companies that exceed legal requirements (Parent-Friendly Label, PFL) or align with global best practices (Parent-Friendly Label Plus, PFL Plus).
About Saxo Bank Middle East:
At Saxo, we believe that when you invest, you unlock a new curiosity for the world around you. As a provider of multi-asset trading and investment solutions, Saxo’s purpose is to Get Curious People Invested in the World. We are committed to enabling our clients to make more of their money. Saxo Bank was founded in Copenhagen, Denmark in 1992 with a clear vision: to make the global financial markets accessible for more people. In 1998, Saxo launched one of the first online trading platforms in Europe, providing professional-grade tools and easy access to global financial markets for anyone who wanted to invest. It was also the first Scandinavian bank to establish a presence in the GCC when it launched an office in Dubai, back in May 2009, to cover its regional operations for the MENA region.
Today, Saxo is an international award-winning investment firm for investors and traders who are serious about making more of their money. As a well-capitalised and profitable Fintech, Saxo is a fully licensed bank under the supervision of the Danish FSA, holding broker and banking licenses in multiple jurisdictions, including a Representative Office license by the Central Bank of the UAE.
As one of the earliest fintechs in the world, Saxo continues to invest heavily into our technology. Saxo’s clients and partners enjoy broad access to global capital markets across asset classes on our industry-leading platforms. Our open banking technology also powers more than 200 financial institutions as partners by boosting the investment experience they can offer their clients. Keeping our headquarters in Copenhagen, Saxo employs more than 2,500 professionals in financial centres around the world including London, Singapore, Amsterdam, Hong Kong, Zurich, Dubai and Tokyo.
