British Airways chief financial officer Steve Gunning is stepping up to become finance chief of parent company International Airlines Group.

He will replace current CFO Enrique Dupuy, who is leaving eight years after joining from Iberia.

He joined at the formation of IAG in 2011 after 20 years as CFO of the Spanish carrier.

The change will take place from the IAG annual meeting in June.

Gunning has been BA CFO since January 2016 and acting director of IAG Global Business Services since December 2017.

He was previously chief executive of IAG Cargo and BA’s finance director and head of internal control.

IAG chief executive Willie Walsh said: “Enrique has done a fantastic job at IAG. He played a critical role in establishing the group and was a major force in delivering our strong financial performance.

“I’d like to welcome Steve to his new role. His appointment serves as evidence of the strength and depth of the IAG leadership team.”

Dupuy added: “After eight years as CFO of IAG and prior to that, 20 years as CFO of Iberia, I believe now is the right time for me to leave IAG.

“I’m proud of my part in creating and developing IAG. I’m delighted that Steve is taking over as CFO. We have worked together for a number of years and I wish him well in his new role.”

Dupuy was chairman of the Iata finance committee between 2003-05.