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V U<br />

.<br />

Come Prepared to Learn, Leave Prepared to Succeed<br />

University Promoters<br />

University Promoters<br />

Dr. Sudhir Ruparelia<br />

(Born 17th January 1956) a Ugandan business magnate and<br />

investor. He is the Chairman and majority shareholder in the<br />

companies of the Ruparelia Group. His investments are mainly<br />

in the sector of banking, insurance, education, broadcasting, real<br />

estate, floriculture, hotels and resorts.<br />

According to Forbes Magazine, he is the wealthiest individual<br />

in Uganda and the East Africa. There is an urban Ugandan<br />

legend that Sudhir owns half of the buildings in Kampala, but he<br />

denies it; he does admit to owning a quarter of the buildings in<br />

Kampala’s Central Business District.<br />

In November 2013, he was reported<br />

to be the 24th wealthiest individual in<br />

Africa, with an estimated net worth of<br />

US$1.1 billion Sudhir Ruparelia was born<br />

in Kabatoro, Kasese District in Western<br />

Uganda to an upper-middle-class family.<br />

His great-grandfather reached Mombasa<br />

in 1897 and set up a trading store<br />

there before coming to Uganda in 1903.<br />

His grandfather was born in Uganda in<br />

1918 and his father in 1932. Sudhir has<br />

two sisters and one brother. He attended<br />

Bat Valley Primary School in Kam-<br />

pala, from P1 to P6, then Jinja Main<br />

Street Primary School in Jinja for P7<br />

and Jinja Secondary School. In 1971,<br />

he joined Kololo Secondary School.<br />

He moved to the United Kindom with<br />

his parents in 1972, at the age of 16,<br />

when the Indophobic dictator Idi<br />

Aminexpelled all Asians from Uganda.<br />

He returned to Uganda in 1985,<br />

with US$25,000, earned from several<br />

casual jobs including working in supermarkets,<br />

factories and butcheries.<br />

Sudhir started selling beer and spirits<br />

imported from Kenya. In 1989, beer<br />

importation was banned to encourage<br />

local brewing of alcohol and he<br />

realised he could not make beer. But<br />

since his customers who were mainly<br />

foreigners paid him in foreign currency,<br />

he started Crane Forex Bureau,<br />

the first in Uganda. With his profits,<br />

Sudhir ventured into other businesses,<br />

including forming Crane Bank in<br />

1995. Later, he organized his businesses<br />

under the umbrella of the Ruparelia<br />

Group of Companies.<br />

Rajiv Ruparelia<br />

Mr. Rajiv Ruparelia is a young, Dynamic,<br />

Vibrant Entrepreneur, Businessman and<br />

Passionate Promoter of Victoria University<br />

Kampala.<br />

In 2013, he graduated from Regents<br />

College London, UK with a Degree in<br />

Financial Management. He is endowed<br />

with top class education, knowledge<br />

and training required to navigate the<br />

knowledge driven economy of the 21st<br />

century. He has strong analytical and<br />

technical skills, and ability to use initiative<br />

as well as apply professional judgement to<br />

aid decision-making.In a build up to his<br />

career, he has worked with Millennium<br />

Marble 2000 Limited as project manager<br />

and was responsible of ensuring that all<br />

logistical issues were handled properly,<br />

on-going construction projects met<br />

set deadlines and to ensure that architects<br />

and engineers worked in accordance<br />

with project needs.From 2011<br />

– 2012, he worked with Jaffery Forex<br />

Bureau Limited and is still actively involved<br />

in day to day forex trading and<br />

marketing ventures. Currently, he<br />

works with Crane management<br />

Services and plays a key role in<br />

property management.<br />

He actively participates in Community<br />

work Since 2010, Rajiv is a member<br />

of Grace Children’s Village, Kabale<br />

in which he is helping design, build<br />

and finance a sustainable orphanage<br />

unit.In this community, he is funding<br />

children to attend school, have clean<br />

water and three (3) meals a day.<br />

7<br />

Victoria Towers, Plot 1 - 13 Jinja Road, Kampala, Uganda. Tel: +256 417 727 000

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