(Updates with response from AB InBev)

March 5 (Reuters) – Anheuser-Busch InBev’s chairman Olivier Goudet said on Tuesday he was stepping down from the brewer’s board to devote more time to his job as CEO of investment firm JAB Holdings.

Goudet’s resignation was first reported by the Financial Times, which cited concerns among the brewer’s board about JAB’s acquisition activity. It quoted one source saying the board was concerned its beverage holdings had become too close to those of AB InBev, maker of Stella Artois and Budweiser beer.

“I can confirm that I have decided to step down from my

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