LVMH , the world's largest luxury group, has appointed Cecile Cabanis as its new chief financial officer, replacing CFO Jean-Jacques Guiony with effect from February 1 next year, the company said on Thursday.

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Luxury group LVMH will change the leadership of its wines and spirits division amid a wider reshuffle of top management at the group controlled by French billionaire Bernard Arnault. LVMH’s chief financial officer Jean-Jacques Guiony,

Luxury group LVMH said on Thursday it is overhauling management of its wines and spirits division Moet Hennessy.