News Release issued by
the COI News Distribution Service on 07 September 2010
Mark Hoban MP,
Financial Secretary to the Treasury, today announced the
appointment of Margaret Cole to the Financial Services Authority
(FSA) Board, with effect from 7 September 2010.
Margaret Cole joins the Board as Managing Director for
Enforcement and Financial Crime.
Mark Hoban MP said:
"I welcome the appointment of Margaret Cole to the
FSA Board. Her credentials mean that she will bring valuable
insight and experience to enhance further the strength of the FSA Board."
Notes for Editors
1. The FSA is a company limited by guarantee. The Board is
appointed by the Treasury in line with the code of practice issued
by the Office of the Commissioner for Public Appointments. View a
list of the current membership of the Board (http://www.fsa.gov.uk/Pages/About/Who/board/index.shtml).
2. The majority of the Board members are non-executive. In
addition to the Chairman and Chief Executive, there are currently
two Director posts and eleven non-executive members of the Board.
3. The FSA, rather than the Treasury is responsible for
recruiting its own executive staff. However, under Schedule 1 of
the Financial Services & Markets Act 2000 the Treasury is
responsible for making appointments to the FSA Board.
4. Margaret Cole joined the FSA in July 2005 as Director of
Enforcement. She is a graduate in Law from New Hall, Cambridge and
is a solicitor with over 20 years' experience in private
practice, specialising in commercial litigation with an emphasis
on financial services. She is also qualified as a Mediator with
CEDR and the ADR Group.
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