Bank of Queensland Ltd. has appointed Mr. Ewan Cameron, currently working as chief operating officer and acting chief executive officer at Saudi Home Loans, as its new chief financial officer.

Mr. Cameron will replace Mr. Ram Kangatharan who became the chief operating officer in BOQ in March.

Bank of Queensland said in a statement issued to ASX that the appointment of Mr. Cameron as chief financial officer will be effective from July this year. BOQ said that Mr. Cameron will work with the Bank's management and board to ensure efficient operations and drive growth.

"Importantly Mr. Cameron has also demonstrated extensive knowledge of competitive factors in our marketplace and the potential impacts of proposed new regulatory changes," said David Liddy, managing director of the bank.

Mr. Ewan Cameron had previously worked with General Electric Company Inc as a CFO and with GE Money for the UK and Ireland.

Mr. Cameron had also worked as chief financial officer in GE Commercial Finance for the Australian and New Zealand markets.