Fed appoints successor to Rich Spillenkothen

The Federal Reserve Board on Thursday 21 September announced the appointment of Roger T. Cole as director of the Division of Banking Supervision and Regulation, effective immediately.

The division develops regulatory policy and oversees the supervision of state member banks, bank and financial holding companies and their non-bank subsidiaries, and U.S. branches and agencies of foreign banking organizations.

Cole joined the Board's staff in 1979 as a senior financial analyst. He was appointed to