Deb Frecklington will be the new leader of the LNP opposition in Queensland.
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Emerging from a party room meeting on Tuesday afternoon, opposition whip Trevor Watts announced Ms Frecklington won the vote against contender John-Paul Langbroek.
Tim Mander will be the LNP's deputy leader.
Ms Frecklington said she was humbled and honoured to have been elected leader of the Liberal National Party.
“I am grateful to my colleagues for their trust and confidence,” Ms Frecklington said.
“As the new leadership team, we are under no illusions of the work we must do to rebuild faith with Queenslanders.”
Ms Frecklington said she was in politics to help make people’s lives better and the LNP had pressed the reset button.
“Queenslanders have spoken at the last two elections and as a party we must listen, regroup and rebuild faith in the LNP as the only party that can deliver for Queensland,” she said.
“I was raised in a family where you didn’t just sit back, complain and expect others to create opportunities and solve problems. You get out and do something about it.”
READ ALSO: Tim Nicholls quits as leader
Ms Frecklington said Queensland had the second worst unemployment in the country.
“Labor can spin the figures as much as they like but until Queensland is number one – it just isn’t good enough,” she said.
“I can assure Queenslanders that I take a no-frills attitude to politics and with me, what you see is what you get.
“With that in mind, I want to say just one thing to Annastacia Palaszczuk and Labor – it is game on.”
Mark Robinson, who called himself the "underdog", also unsuccessfully challenged for leader, while Jason Costigan lost the vote to be deputy leader.
Ms Frecklington walked into the meeting flanked by 11 MPs, including Mr Mander, Mr Nicholls, Ros Bates, and Andrew Powell, while Mr Langbroek entered the room with just one, Mark McArdle.
Earlier in the day, Labor's new cabinet was sworn in at Government House.
Meanwhile, Steve Dickson, who lost his seat of Buderim, confirmed he would remain the Queensland leader of One Nation from outside the Parliament.
His duties will include supporting the party's solitary MP, member for Mirani Stephen Andrew, and preparing for the next Queensland election.