Mr Boparan will move to the position of President at 2 Sisters parent company Boparan Holdings
Mr Boparan has been chief executive for 25 years and will take the position of president at Boparan Holdings, the parent company of 2 Sisters.
Mr Boparan said: “I am fully committed to building a better, more transparent business, modernising our company and simplifying our operations.
“I want to take a broader industry leadership role and concentrate more on the issues and challenges that affect not only our business, but also the food sector in general such as Brexit, social responsibility and sustainability.”
Charles Allen, chairman of Boparan Holdings said: “Ranjit has spent 25 years of his life building a world class food business.
“He has been a catalyst for change within the food industry, by challenging the norm and providing our customers and consumers with great service, great quality food, and great prices.
“In his new role, he will be playing to his strengths, looking at new opportunities and reducing debt that will help take the business to new levels of success.”
2 Sisters was now searching for a new chief executive, with Martyn Fletcher responsible for the operations of the business until a formal appointment has been made.
Mr Boparan added: “These changes are the right ones to make at a very important stage in our business’s history and they help secure strong foundations for future development and growth. These are further major transformative steps in a journey to build a better business with a world-class leadership team.”