PwC UK has appointed former Financial Services
Authority (FSA) managing director of enforcement and financial
crime Margaret Cole as a general counsel and executive board
member.

Cole was the first managing director of the
conduct business unit at the FSA and a member of the board. She
will take over from Owen Jonathan when he retires from the firm in
December 2012.

“The complexity of current and proposed
legislation affecting PwC and our clients requires a General
Counsel with extensive experience, expertise and judgement.” PwC
chairman and senior partner Ian Powell said.

“Margaret has demonstrated these qualities in
her career to date in public and private practice, and at the most
senior level at the heart of financial services regulation.”

Cole is to join PwC in September 2012.