Tesco poaches Tate & Lyle CFO as half-year profits and sales climb

Tesco has saved £200m per year through energy efficiency

Tesco has snapped up Tate & Lyle finance chief Imran Nawaz and reported a strong uplift in interim profits driven by shoppers flocking online during the pandemic and choosing to stock up with bigger shops less often.

Imran Nawaz, who will take up the role of chief financial officer at Tesco next April, had been at Tate & Lyle since 2018 and previously held roles as senior vice-president of finance for Mondelēz Europe as well as a variety of senior roles across Mondelēz and Kraft Foods spanning a 16-year period.

He succeeds Alan Stewart, who is set to retire next year.

Subscription content

Please sign in now if you have a subscription or are already registered with us.

Retail Week

Register for free to continue reading

Retail-Week.com provides premium, in-depth intelligence that helps retailers judge risks, spot opportunities and identify what they need to do to win in the digital economy.

Register today for a taste of our high-quality intelligence and enjoy:

  • Two free article views per calendar month on Retail-Week.com
  • Detailed analysis of current trends and events 
  • Exclusive newsletters
  • In-depth reports, videos, interviews and much more

Discover Retail Week register now

Please note, if you have recently purchased a subscription, it may take a few minutes before your account is updated.