Zameer Choudrey | |
---|---|
Born |
Zameer Mohammed Choudrey March 1958 Pakistan |
Nationality | British |
Citizenship | United Kingdom & Pakistan |
Alma mater | University of Kent at Canterbury |
Known for | CEO, Bestway |
Net worth | US$1.57 billion (STRL 2017) |
Spouse(s) | Rakshanda |
Relatives | Sir Anwar Pervez (uncle) |
Zameer Mohammed Choudrey CBE (Urdu: ضمیر چوہدری) (born March 1958) is a British businessman, the chief executive of Bestway, the eight largest privately owned business and fifth largest family owned business in the UK, with and annual turnover of £3.058 billion, and founded by his uncle, Sir Anwar Pervez.). According to the Sunday Times Rich List UK, in 2017 Choudrey's net worth is £1.21 billion (US$1.57 billion); which makes him the second richest Pakistani in the UK.
Zameer Mohammed Choudrey was born in March 1958. Zameer Choudrey graduated from the University of Kent at Canterbury in 1981.
Choudrey is a Fellow of the Institute of Chartered Accountants in England and Wales. He is a member of the Institute of Directors in London. In November 2014 he received an honorary doctorate from the University of Kent.
As financial controller, he designed and implemented systems and controls within the business with emphasis on husbandry of stocks and cash management. He played a key role in the expansion of the Group's wholesale business through the acquisition of Bashin Cash & Carry in 1984; Crown Crest Limited in 1987 and Link Cash & Carry in 1988.Template:Fcat
In 1990, Choudrey was appointed the finance director of Bestway Group. During the mid 1990s he was assigned the task of business diversification by the board of directors and in 1995 he was appointed chief executive of Bestway Cement.
In October 2002 having led the acquisition of United Bank Limited (UBL); Zameer Choudrey was appointed to the board of UBL. Since then he has been a director of UBL Insurers.
In July 2004 he was promoted to the position of chief executive of Bestway Group.
In July 2014 under his leadership Bestway Group acquired the Co-op's pharmacy business for £620 million or US$1.06 billion. Co-op pharmacy is the UK's third largest independent pharmacy business and the largest in Wales.
At the time of acquisition, pharmacy business was expected to increase the group's annual turnover to over £3.0 billion and the group's global workforce would increase to 33,600 people, with over 11,900 people employed the UK.