T. Rowe Price Group hired Kenneth V. Moreland Tuesday to be its chief financial officer.

Moreland, 47, succeeds Cristina Wasiak, 50, who stepped down as chief financial officer at the end of December but has remained with the company as a vice president.

Moreland is to join the Baltimore investment company on March 8. With more than 20 years of accounting, finance and treasury management experience, Moreland most recently was chief financial officer at RTKL Associates, a Baltimore international architectural firm. Previously, he was a client service partner at Coopers & Lybrand. He also had a two-year accounting fellowship with the Securities and Exchange Commission.

T. Rowe Price is a global investment management company that had $190 billion of assets under management at Dec. 31.

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