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.

Jean-Jacques Guiony takes over as president and CEO of LVMH's wines and spirits division Moët Hennessy on 1 February.

LVMH has made several upcoming leadership changes across its executive board, with new appointments set to take effect early next year.

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

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