Thomas Peyer has begun work as FIFA's new chief finance officer ©LinkedIn

Thomas Peyer, the replacement for the disgraced Markus Kattner, has officially started work as FIFA's new chief finance officer today.

The Swiss, who joins world football's governing body having performed the same role for travel giants Kuoni Group for the past two-and-a-half years, has more than two decades of experience.

He has also held other high-ranking financial roles within Kuoni, as well as AXA Winterthur Insurance in Zurich and London.

Peyer takes over from Kattner, the former deputy secretary general who was sacked in May for his role in an illicit bonus scheme among the top brass within FIFA, which also included Sepp Blatter and Jérôme Valcke.

The German-Swiss official, a former basketball player, had his contract terminated with immediate effect for financial "breaches".

Details on the reason for the dismissal of Kattner, who was FIFA President Gianni Infantino's right-hand man during the Swiss' early tenure at the helm, were initially scarce before the multi-million dollar scandal was revealed the following month.

FIFA's law firm, Quinn Emmanuel, uncovered that Kattner, former President Blatter, who is currently serving a six-year ban from all footballing activity, and ex-secretary general Valcke awarded themselves bonuses and pay rises totalling $80 million (£60 million/€72 million) over a five-year period.

Thomas Peyer replaces the disgraced Markus Kattner, who was sacked in May for financial breaches ©Getty Images
Thomas Peyer replaces the disgraced Markus Kattner, who was sacked in May for financial breaches ©Getty Images

They also claimed some of the contracted payments are in breach of Swiss law and "warrant considerable further investigation", including handing over the evidence to Swiss and American prosecutors.

They include Blatter, Valcke and Kattner being given a combined CHF23 million (£17.6 million/$23.4 million/€21 million) in December 2010 following the World Cup in South Africa that year, which was approved "apparently without an underlying contract provision stipulating such bonuses".

The information also shows Valcke and Kattner were awarded a combined CHF14.4 million (£11 million/$14.7 million/€13.2 million) following the 2014 tournament in Brazil.

Kattner was handed an additional four-year contract extension on May 30 last year, just three days after six FIFA officials were arrested in dawn raids in Zurich, which guaranteed more than eight years of future salary and bonus payments totalling up to CHF9 million (£6.9 million/$9.2 million/€8.2 million) in the event of his dismissal.

Kattner joined FIFA in 2003 as director of finance and served in the deputy secretary general position since 2007.