The Australian Prudential Regulation Authority (APRA) published a statement noting the Treasurer’s intention to advertise for the APRA Deputy Chair role after Deputy Chair Margaret Cole advised she intends to leave APRA at the end of her current term, which expires on 30 June 2026. APRA highlighted Ms Cole’s contribution since joining in 2021, including her work overseeing implementation of the Your Future, Your Super reforms, advancing APRA’s legal and enforcement functions, reshaping internal processes to be more efficient and less burdensome, and overseeing implementation of the Financial Accountability Regime. The statement also pointed to her role in focusing on superannuation trustees acting in the best financial interests of fund members. The Treasurer is expected to advertise the Deputy Chair position ahead of Ms Cole’s departure at the end of her term on 30 June 2026.
Australian Prudential Regulation Authority 2025-09-19
Australian Prudential Regulation Authority notes Deputy Chair Margaret Cole will leave at end of term as Treasurer plans search for successor
The Australian Prudential Regulation Authority announced that the Treasurer will advertise for the Deputy Chair role following Margaret Cole's decision to leave at the end of her term on 30 June 2026, acknowledging her contributions since 2021 in implementing key reforms and enhancing APRA's functions.