Oakes to step down from Central Bank enforcement role

The Central Bank’s director of enforcement Peter Oakes is to step down to “pursue other interests”, the bank said in a statement this afternoon.

8th January, 2013
Central Bank deputy governor Matthew Elderfield thanked Oakes for his work and his “strong contribution to enforcement”.

The Central Bank’s director of enforcement Peter Oakes is to step down to “pursue other interests”, the bank said in a statement this afternoon.

Oakes has spent the past two years of setting up the Central Bank’s new enforcement function. He joined the organisation in October 2010 as part of its senior management team to deliver a transformational change agenda in the aftermath of the financial crisis and in particular to...

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