NCUA Announces Appointment of
Deputy Executive Director
Alexandria, VA, September 28, 2004 – National Credit Union Administration (NCUA) Executive Director J. Leonard Skiles announced today his selection of J. Owen Cole, Jr., as the Deputy Executive Director effective December 1, 2004.
“Owen will bring a wealth of experience to his new position,” said NCUA Chairman JoAnn Johnson. “The NCUA has greatly benefited from his extensive investment and strategic management experience. I am pleased to welcome Owen as Deputy Executive Director."
“Owen Cole is the consummate professional. In each of the positions he has held, he has demonstrated outstanding leadership skills, intelligence and dedication,” said Board Member Debbie Matz. “Mike McKenna and Mark Treichel have set a very high bar for deputy executive directors, and I am confident that Owen will raise the bar even higher.”
Currently serving as NCUA’s Director of the Office of Strategic Program Support and Planning (OSPSP), Cole will replace Michael McKenna, who has been named the agency’s Deputy General Counsel effective December 1, 2004.
Cole also serves as the President of the NCUA Central Liquidity Facility (CLF). From June 2002 to June 2003, he served as the Associate Regional Director of Operations in NCUA’s Capital Region, Region II. Prior to Region II, Cole served as the Director of the Division of Risk Management, from 1998-2002 and as a Senior Investment Officer in the Office of Investment Services from 1993-1998.
Cole came to NCUA in 1993 from the banking industry, where, as a vice president, he spent 10 years as an investment trader and portfolio manager. Responsibilities included supervision of funds management, money-market lending, investment portfolio management and asset-liability management.
He holds a B.A. degree in History from McDaniel College and an MBA degree, with a concentration in finance and investments, from George Washington University.
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