TransUnion Hong Kong Appoints Dr. Toa Charm as TUCIS’s Independent Non-Executive Director

TransUnion (NYSE:TRU), a leading global information and insights company, today announced the appointment of Dr. Toa Charm as Independent Non-Executive Director of TransUnion Credit Information Services Limited (TUCIS), a wholly-owned subsidiary of TransUnion Hong Kong. The appointment is effective September 1, 2022.

Dr. Charm has over 30 years of experience in the innovation and technology industry, specializing in FinTech, artificial intelligence, big data, digital transformation, as well as the technology markets in Mainland China and ASEAN countries. Dr. Charm has held various senior management positions at Hong Kong Cyberport Management Company Limited, IBM, Oracle and HSBC, and has provided strategy, training and consultancy services to companies and organizations such as HSBC, Hang Seng Bank, Bank of East Asia, ICBC (Asia), AIA, Sun Life, Chow Tai Fook, Airport Authority Hong Kong and MTR. During his tenure as Chief Public Mission Officer at Cyberport, Dr. Charm led his team to build a world-leading digital technology ecosystem with over 1,200 start-ups from over 30 countries where over 300 were FinTech start-ups.  

Marie Claire Lim Moore, CEO of TransUnion Hong Kong, said: “Dr. Charm’s appointment comes at an opportune time of rapid advancement in FinTech and RegTech in Hong Kong and the Greater Bay Area, and as we move towards the Multiple Credit Reference Agencies (MCRA) model in Hong Kong. We have proven track record of supporting businesses and consumers and continue to drive market innovation and new solutions. As an expert and innovator in the technology sector, Dr. Charm will provide insight and strategic advice that will further strengthen our service for the benefit of the market as a whole.”

Dr. Charm said: “As the first local consumer credit reference agency, TransUnion has laid solid foundations for the credit economy in Hong Kong over the past 40 years, supporting easy and quick access to credit and other essential financial services to millions of consumers. At the same time, it has been a true pioneer in the areas of FinTech and RegTech. I am privileged to advise the company in its exciting next chapter of growth.”

In addition to the aforementioned roles, Dr. Charm is Chairman of several elite start-ups in Asia and Associate Professor of Practice at Chinese University of Hong Kong Business School. He actively engages with the innovation and technology ecosystem in Asia and has served since 2019 as Chief Judge of the FinTech Award of Hong Kong ICT Awards and as a member of Cyberport’s Entrepreneurship Committee Advisory Group, HKSTP’s Leading Enterprises Acceleration Mentorship Programme, Executive Committee of FHKI’s Hong Kong Startup Council, GS1 Hong Kong’s IoT Industry Advisory Council and Consumer Council’s Advisory Group on Digital Economy and Information Technology.

A pioneer in the Hong Kong market, TransUnion is committed to developing cutting-edge technologies and services, pursuing innovation to bring advanced solutions to the industry. With a strong belief in Information for Good®, TransUnion Hong Kong will continue to leverage state-of-the-art technology to provide a smooth and secure experience for both financial institutions and consumers, towards the goal of helping more people access credit and other essential financial services and boosting financial inclusion in Hong Kong.