Bestway founder Sir Anwar Pervez has stepped down as managing director, but will remain chairman of the group.
Sir Anwar opened his first convenience food store in 1962 and by the early 1970s was operating 10 outlets.In 1976 he decided to move into the cash and carry sector and since then has built Bestway into a firm with annual sales of £1bn.
He was knighted in 1999 for services to food retail, the wholesale sector and charities.
Zameer Choudrey, financial director, has been appointed group MD for UK and Pakistan business, while former trading director Younus Sheikh becomes group cash and carry MD.
Sir Anwar’s son Dawood leaves his role as group legal manager. He joins the board and will be taking on the role of company secretary as well as becoming director of the legal, human resources, training and development, property and health, safety and environment departments.