EUROPE - The Bank of New York has named Angus Cameron as chief financial officer for its operations in Europe, a new role.

Cameron was most recently global CFO for property/casualty underwriters CNA. A bank spokesman said the Bank of New York's European operation has annual revenues of 888 million dollars and 4,500 employees.

Cameron will reporting to comptroller Tom Mastro and Europe head Tim Keaney. He will be responsible for the management of all European finance department functions.

The bank added his is a former finance director of Barclays Stockbrokers.

"I am delighted to welcome someone of Angus's calibre and experience to our European management team," Keaney said. "As our business grows in Europe, it is important to ensure that enhanced financial rigour is applied to all our operations."

The bank has also appointed Jim McAuliffe as managing director with responsibility for European sales of foreign exchange and derivatives. He has been with the bank since 1987 and will report to Stephen Lawler, senior vice president, derivative sales and Jorge Rodriguez, senior vice president, foreign exchange sales.

And earlier this month the group also boosted its UK-based global transition management team. Clare Few joined from J P Morgan Chase as product manager while Jane Burnell joined from G-Port as transition manager.

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