Peter Faulhaber is the Head of Wealth and Personal Banking of HSBC Philippines, the only International Bank in the Philippines. He is also the Vice-Chairman of the newly established HSBC Investment and Insurance Brokerage Philippines (HIIB). Peter has been with HSBC Philippines since 2019. With Peter at the helm, HSBC was able to grow its deposit base, increase cards in force, and improve its loan portfolio. He initiated the re-entry of HSBC into the home loans market. He oversaw the formation of HSBC Investment and Insurance Brokerage Philippines (HIIB) to ensure the continued growth of HSBC’s wealth business in the Philippines. Through his leadership, HSBC enhanced its remote process and introduced a redesigned website to cater to the growing demand for on-line banking. Improvements on our customer service and branch operations were also instituted. All of this were achieved despite the challenges of the pandemic. Prior to the Philippines, Peter spent three years in the Channel Islands & Isle of Man as the HSBC Head of Distribution for the WPB domestic business. He successfully led the domestic business through its separation from UK WPB and integration with HSBC Expat whilst continuing to deliver growth, improve customer satisfaction, and manage risk. Before working in the Channel Islands, Peter was the Regional Head of Internal Audit ASP WPB and led global audits of digital, sales suitability, and conduct. Peter had also worked in the US, Europe, the Middle East, and Asia where-in he had led successful teams in management consulting, risk, and sales and distribution. He joined the bank thirteen years ago as an International Manager, after having completed his MBA at INSEAD in France and Singapore. Outside of work Peter spends his time with his eight-year-old twins, Madeleine and Maxwell, and his wife Denise. He also enjoys running, cycling, triathlons.
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HSBC Wealth’s Vice Chairman for the Philippines Highlights the Major Opportunities Ahead On September 7, 2022, HSBC Philippines announced a new HSBC Wealth offering in the Philippines, timed to begin capturing what the bank sees as a strong growth ahead in savings, deposits and financial investments. Hubbis met up recently with Peter Faulhaber, the Vice Chairman for HSBC Wealth, incorpo....
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