Jean-François Palus has been named financial director of luxury goods group PPR, following the departure of chief financial officer Ross McInnes.

McInnes' departure - which announced on Friday - was said to be because of differences of opinion on company operations.

Palus will oversee financial functions for the group, as well as direction of strategy and development of financial communications.

Palus is a member of the executive committee of the group

PPR operates in 65 countries and employs about 82,000 people.