May 11 (Reuters) – British sportswear retailer JD Sports Fashion (JD.L) has appointed Dominic Platt as its chief monetary officer, changing Neil Greenhalgh who’s stepping down in the summertime after 4 years within the function, the corporate mentioned on Thursday.

Platt, 53, who’s presently CFO of BGL Group – a digital distributor of economic companies – takes over the function because the sportswear retailer pursues formidable growth plans below Chief Executive Officer Régis Schultz to turn out to be an athletic leisurewear “powerhouse”.

Earlier this week, JD Sports proposed to buy France’s Groupe Courir for an enterprise worth of 520 million euros ($572.42 million).

“Having worked closely with Dominic before, I am certain his financial expertise, deep knowledge of governance and strategic counsel will be crucial in helping to drive forward the next chapter in the global growth story of JD,” Schultz mentioned in a press release.

Greenhalgh’s resignation was introduced final October, a month after Schultz was named CEO of the sportswear retailer.

JD Sports shares rose 0.3% to 165 pence in early commerce on Thursday.

Platt’s appointment comes days after Sky News mentioned that he had handed in his discover at BGL.

($1 = 0.9084 euros)

Reporting by Radhika Anilkumar in Bengaluru; Editing by Sherry Jacob-Phillips

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