Betting and gaming giant Paddy Power Betfair has appointed Jonathan Hill to the role of group chief financial officer.

Hill will join the operator in the autumn, leaving his current position as CFO of senior citizens’ financial services firm Saga.

In more than 20 years in corporate finance, Hill has held senior executive roles at Bovis Homes, British Gas and TUI Travel.

Group chief executive Peter Jackson, said: “We’re delighted that Jonathan is joining us. He brings substantial strategic and operational finance experience in consumer businesses and I am confident he will make a significant contribution to Paddy Power Betfair’s future success.”

In the operator’s 2017 results update, Jackson said the new leadership team would prioritise “returning Paddy Power to growth”, combined with the continued expansion of products and services in new markets outside of the UK and Ireland.

On his new role, Hill said: “I am excited to be joining a business with great brands, differentiated products and substantial international scale.

“There are many opportunities to drive shareholder value and I look forward to being part of the team to deliver this.”