City & Finance Reporter for the Daily Mail
The leader govt of sugar company Tate & Lyle has given £eight.5million of inventory to his two kids after pronouncing his retirement.
Javed Ahmed, 58, is stepping down in April to get replaced via finance leader Nick Hampton.
In a marketplace announcement the day before today, the corporate mentioned Ahmed and his spouse Talat had transferred 1.5m stocks to their two daughters, Ayesha and Sara.
Ahmed took fee of Tate & Lyle in 2009 and has since presided over a near-40 in keeping with cent upward push in its share value.