TransUnion has appointed two non-executive directors to its UK board, demonstrating its commitment to strong corporate governance. Margot Cronin will act as chair and Jonathan Baum will promote the long-term sustainable success of the company, providing constructive challenge, strategic guidance and specialist advice to the UK board and management executives.
Previously, Margot has worked in financial services executive roles across her career, most recently at HSBC Life, Tesco Underwriting and Prudential International. As an independent non-executive director and newly appointed chair of TransUnion’s UK board, Margot’s role is subject to approval by the Financial Conduct Authority (FCA).
“At a time of financial hardship for many households in the UK, this a pivotal moment to be joining TransUnion as it aims to support both businesses and consumers through an unprecedented challenge, providing data and insights that are fundamental across so many sectors, ranging from fraud and ID checks to credit referencing,” commented Margot. “I look forward to working alongside the wider UK leadership to help TransUnion harness the full extent of its global capabilities to support the UK market.”
In addition, TransUnion has appointed Jonathan Baum, former chief credit officer at Lloyds Banking Group, as a non-executive director. Jonathan has extensive financial services experience. He carries significant experience in retail and business lending, and a proven track record in bank acquisitions and mergers.
In this context, Jonathan told the media, “I have been impressed with TransUnion’s commitment to growth here in the UK, through continued investment in its products and services, which enable trust between businesses and their customers. I am very much looking forward to supporting the business as it strives to meet and exceed its ambitions.”