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Saturday, November 23, 2024

CIBI appoints former TransUnion head as president, chief executive

CIBI Information Inc., the country’s first and only local credit bureau, announced the appointment of Pia Arellano as its new president and chief executive.

A seasoned and highly accomplished leader who has delivered profit and growth for companies in highly competitive and evolving industries, Arellano is set to lead CIBI into an exciting new chapter of expansion and innovation.

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Arellano has nearly three decades of experience across banking and financial services, payments, remittance and telecom. She joined CIBI from TransUnion Philippines, where she was president and CEO.

Prior to leading the helm at TransUnion Philippines, she also served as Visa’s head of sales and senior director for the Philippines & Guam.

She her career at Citibank Philippines where she launched Ready Credit in the market. She is a BS Economics cum laude graduate from the University of the Philippines.

Her arrival marks a significant moment for CIBI, as the company strengthens its position as a leader in credit solutions, identity verification and fraud prevention.

“We are pleased to welcome Pia as our new president and CEO of CIBI. Pia brings with her a proven track record of delivering growth and has extensive expertise in the credit bureau and financial services sector making her the ideal leader to drive and accelerate CIBI’s transformative growth journey,” said Brahmal Vasudevan, founder and CEO of Creador, key stakeholder of CIBI.

“As shareholders, we are excited about the new opportunities ahead for CIBI to bring cutting-edge credit risk analytics and identity solutions to financial institutions, businesses and consumers in the Philippines. We are confident that under Pia’s leadership, CIBI will play an even more pivotal role in shaping the financial landscape and driving inclusive economic progress for the country,” said Vasudevan.

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