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Treasury promotes Margaret Cole to FSA board
07 September 2010
The Treasury has promoted Margaret Cole to the Financial Services Authority (FSA) board, while the FSA has promoted her from director to managing director of enforcement and financial crime. Cole's promotion follows a series of high profile investigations into insider trading launched by her department. Cole (pictured) has been active in reshaping the enforcement department of the FSA doubling the number of staff to 450 from 200 in 2007, according to The Times. Cole (pictured) joined the FSA in July 2005 after working for 20 years as a solicitor specialising in commercial litigation. ‘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,’ said Mark Hoban MP, financial secretary to the Treasury. Published by CityWire
