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Margaret Cole becomes PwC general counsel

20th March 2012

Global professional services firm PricewaterhouseCoopers (PwC) have announced that Margaret Cole is to be appointed as their new general counsel.

The move comes after Cole revealed that she was leaving her post as managing director of the Financial Services Authority in February.

Ian Powell, a senior partner and chairman of PwC, released a statement expressing his confidence in the former MD’s abilities, before thanking outgoing general counsel Owen Jonathan for the success enjoyed during his decade-long tenure in the role.

Cole’s career so far has seen her spend 20 years as a commercial litigator before moving on to the FSA to first become managing director of Enforcement and Financial Crime, and later managing partner of the Conduct Business Unit.

One of the most high-ranking in-house legal jobs in the country, the general counsel post is expected to be taken up by Cole in the autumn once she has come to the end of her current period of gardening leave.