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