Zameer Choudrey, chief executive of Well Pharmacy’s parent company the Bestway Group, has been appointed to the House of Lords.
The appointment has been made in recognition of his contributions to Britain’s domestic and foreign trade.
In his role as chief executive of Bestway Group, Choudrey has overseen the growth of the Group into one of the UK’s largest family owned businesses. It acquired the Co-op’s pharmacy division in 2014 and rebranded the business as Well Pharmacy a year later.
At time of the acquisition Choudrey said: “The Co-operative pharmacy is a strong, competitive business operating in a sector where demographic trends show an increasing demand for healthcare services among the wider community. We see great potential to grow the business organically.”
Choudrey comes from humble beginnings, having grown up in a remote village in Pakistan, before moving to the UK at the age of 12. He qualified as an accountant in 1984 and is a Fellow of the Institute of Chartered Accountants in England and Wales.
His remarkable success over his career led to him being appointed Commander of the Order of the British Empire (CBE) in the 2016 for services to industry and philanthropy. He also sits as a trustee for several national charities.