Adam Tindall, current director and chief investment officer of AMP Capital's property division, has been named as Mr Dunne’s replacement.
Mr Tindall will start in his new role in October 2015 after a period of transition alongside Mr Dunne, a statement from AMP said.
Joining AMP Capital in 2009, Mr Tindall previously worked for Macquarie Capital where he was the executive director of property and infrastructure.
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Prior to this, Mr Tindall spent 17 years with Lend Lease working in various leadership roles including chief executive officer, Asia Pacific, for Bovis Lend Lease.
In May 2015, AMP announced to the ASX that Mr Dunne would depart from his role later this year.
