TransUnion has appointed Peter Faulhaber as the new President and CEO of its Philippines operations, effective 11 February 2025. Faulhaber will report to the Board of TransUnion Philippines and work under the supervision of Marie Claire Lim Moore, TransUnion’s Asia-Pacific Regional President.
Peter brings two decades of global banking experience to the role. He has held leadership positions across various regions, including the US, Europe, the Middle East, and Asia.
Notably, he has spent the last six years in the Philippines. He joins TransUnion from HSBC Philippines, where he served as Head of Wealth and Personal Banking and Vice Chairman of HSBC Investment and Insurance Brokerage Philippines, an entity he helped establish.
Marie emphasised the significance of Peter’s appointment. She cited the Philippines’ rapidly expanding market, increasing credit adoption, and the proliferation of digital services as the reasons for the appointment. Marie also highlighted Peter’s prior experience as a TransUnion client as a strong factor.
She also believes that it will give him a unique understanding of the business, the local market, and customer needs. Marie further expressed confidence that he is the ideal leader to implement TransUnion‘s global solutions in the Philippines and to advance their mission of “Information for Good.”
The new CEO of the Philippines expressed his enthusiasm for joining TransUnion. He highlighted the company’s commitment to promoting financial inclusion in the Philippines through innovation and insights. Peter also acknowledged TransUnion’s contribution to expanding access to the formal financial system for Filipinos, thereby unlocking opportunities for businesses and communities.
He stated his intention to utilise his expertise to enhance financial literacy and resilience in the nation. Faulhaber also wants to empower consumers to access credit responsibly and achieve their goals.
Featured image credit: Edited from Freepik
