Margaret Cole has been appointed to the Financial Services Authority Board as managing director of enforcement and financial crime, effective as of Sept. 7.

Cole joined the FSA in 2005 following 20 years in private practice, specializing in commercial litigation. Managing a division of 450 people, she has responsibility for enforcement policy, intelligence gathering, forensic investigations, and civil and criminal proceedings in areas that include market abuse and financial crime. She also is a non-executive director of the National Skills Academy for Financial Services.

Former positions include serving as a partner at international law firm Stephenson Harwood from 1990 to 1995, and then as founder and leader of the Dispute Resolution Department at the London Office of international law firm White & Case.