Budge will take up his new role on Monday 1 December, reporting into Abta chief executive Mark Tanzer. Besides his role as head of Atol at the CAA, Budge is also a non-executive director of CAA (International).
Prior to joining the CAA in 2012 as a senior manager in aviation and travel finance, Budge worked an earlier career in corporate finance.
Budge said: "Having seen first-hand how Abta builds consumer confidence, supports its members, and represents the industry, I’m excited to help contribute to that impact.