WASHINGTON — Roger Cole, the director of supervision and regulation at the Federal Reserve Board, announced Thursday he will retire Aug. 1 after 30 years at the agency.
Cole has been the division director since September 2006, and first joined the central bank as a senior financial analyst in 1979. He was promoted to associate director in 1997 and senior associate director in 2001.
“I am grateful to Roger for his distinguished service during this challenging time in our nation’s economic and financial history,” Fed Chairman Ben S. Bernanke said in a press release. “The Federal Reserve has benefited from Roger’s expertise on risk-management practices, international banking standards, and other important issues throughout his long career.”
The Fed has not yet named a successor.