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.