FleetBoston

(FBF)

named the finance chief of BearingPoint

(BE) - Get Report

as its new chief financial officer, several months after

announcing a management restructuring.

Robert Lamb Jr. will take over for Eugene McQuade on Jan. 1, 2003, when McQuade will take up a new role as Fleet's president and chief operating officer. Lamb, who was a corporate controller at Fleet until 2000, will officially rejoin Fleet in December, the company said.

Lamb left Fleet to join BearingPoint, formerly KPMG Consulting, where he was executive vice president and chief financial officer.

Lamb began at Fleet in 1986 as controller of Fleet Services and managed the corporate accounting division before he left in 2000.

The company said it conducted an internal and external search to fill the position. McQuade was named president and chief operating officer on Aug. 20 after Chief Executive Chad Gifford was named chairman, a position he'll start at the end of the year. Gifford will remain CEO.

Separately, BearingPoint said it began a search to replace Lamb and plans to allocate his responsibilities before the end of the year.