AMP Capital has announced the appointment of Margaret Payn as the group’s new Chief Financial Officer.

Ms Payn, who takes up the position immediately, will form part of AMP Capital’s senior leadership team reporting to the group’s Managing Director Stephen Dunne.

In her position, Ms Dunne will oversee AMP Capital’s finance operations across the company’s entire global operation.

Mr Dunne warmly welcomed Ms Payn’s appointment, saying her extensive experience in the domestic and international finance, strategy, operatons and risk functions sector would see her prove to be an invaluable addition to the company’s leadership team.

“Margaret brings deep knowledge of financial services, particularly across all aspects of funds management,” Mr Dunne said.

“She joins us at a time when we’re expanding internationally and deepening our investment capabilities while driving for efficiency in everything we do,” he said.

Over the past three years Ms Payn worked with Suncorp, Westpac and Lloyds International, undertaking capital, productivity and finance initiatives.

Ms Payn’s appointment comes afer Finance Director, Jim Dawson, announced he was leaving the company in Late February to pursue other opportunities.