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Manila Bulletin devider Business devider Veteran banker Peter Faulhaber takes helm at TransUnion Philippines

Veteran banker Peter Faulhaber takes helm at TransUnion Philippines

Published Feb 11, 2025 04:24 am

TransUnion, a global information and insights firm, on Tuesday, Feb. 11, announced it appointed Peter Faulhaber as president and chief executive officer (CEO) of its Philippines office.

In this role, Faulhaber will oversee the operations of TransUnion Philippines, reporting directly to its board, and working under the guidance of TransUnion’s Asia-Pacific regional president Marie Claire Lim Moore. 

With over 20 years of experience in global banking, Faulhaber has held prominent leadership positions in the US, Europe, the Middle East, and Asia, including six years in the Philippines.

Before joining TransUnion, Faulhaber was at HSBC Philippines, where he served as head of wealth and personal banking; and vice-chairman of HSBC Investment and Insurance Brokerage Philippines, which he had helped establish.

Faulhaber is known for his ability to drive performance growth while managing risk, a skill that aligns closely with TransUnion’s mission of supporting growth through insight-driven risk management.

“We are excited to welcome Peter and his appointment comes at an important time for TransUnion Philippines as we work to further enhance our services and solutions in a rapidly growing market with surging credit adoption and proliferating digital services,” Lim Moore said in a statement.

“As a former user of TransUnion services, Peter is uniquely positioned to understand our business, the local Philippines market and the needs of our customers. He is the ideal leader to help us implement our wider global TransUnion solution set in the Philippines for the benefit of the customers and consumers we serve, and advance our mission of Information for Good,” she added.

Expressing his enthusiasm for the new role, Faulhaber commented: “I am delighted and honored to join TransUnion, which is dedicated to driving financial inclusion in the Philippines through innovation and insights. Since it was established, TransUnion has enabled a large number of Filipinos consumers greater access to the formal financial system, unlocking more potential and opportunities in businesses and in communities.”

“I look forward to leveraging my skills and expertise in the financial industry to enhance the nation’s financial knowledge and resilience. This will enable consumers to access credit more responsibly and empower them to achieve great things,” the newest TransUnion Philippines chief said.

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