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BOQ completes world-wide search for new CFO

BOQ completes world-wide search for new CFO

(11 May 2010 – Australia) David Liddy, Bank of Queensland’s managing director, has announced the appointment of Ewan Cameron as the bank’s new chief financial officer after an extensive domestic and international search. Mr Ewan succeeds Ram Kangatharan who earlier this year was promoted to the newly created position of COO giving him accountability for IT and operations, direct banking, distribution, marketing, human resources and legal issues.

The March announcement also meant that Bank of Queensland’s chief information officer Jim Stabback would cease reporting to Mr Liddy, with the responsibility now falling on Mr Kangatharan’s shoulders.

Mr Cameron, who begins with the bank in July, was most recently employed as the chief operating officer and acting chief executive officer at Saudi Home Loans.

Other positions in the long list on Mr Cameron’s CV include numerous roles both in Australia and abroad as CFO, an extensive career at General Electric Company Inc (GE) culminating in the position of CFO, GE Money for the UK and Ireland, and previously held the position of CFO for GE Commercial Finance for the Australian and New Zealand markets.

The Bank has searched within Australia and world-wide for the most suitable candidate and believes that it has now found the best possible person, said Mr Liddy.

Mr Cameron will work with the bank’s management and board to ensure it remains an efficient organisation that delivers on its promises, while also fulfilling its strategic growth ambitions, added Mr Liddy.

Mr Liddy noted that importantly the bank’s new key hire had also demonstrated extensive knowledge of competitive factors in the bank’s marketplace and the potential impacts of proposed new regulatory changes.
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