Dr. Sudhir Ruparelia was born in Uganda and attended schools up to 1972, he then left for UK due to the expulsion of Asians.
After completing school, he joined various companies and worked as an Accountant. Returning to Uganda in 1985, he started to operate his own business. Over the years he developed a vibrant Forex business and gradually obtained a banking licence to start a private commercial bank, namely Crane Bank Limited in August, 1995...
With a view to creating a fully fledged financial services organization, he obtained a licence to set-up an Insurance Company — namely Goldstar Insurance Co. Ltd — which commenced operation in 1996. As a patriotic Ugandan-Asian, he continued to re-invest profits from business in Uganda and built the largest portfolio of properties in Uganda comprising of prime commercial, industrial and residential properties mainly in Kampala. At the opportune time, he commenced investing in the hotel, education, floriculture and leisure industries, culminating in the acquisition of Speke Hotel in July/August 1996, to which further additions have been made:
- Speke Resort, Munyonyo
- Speke Apartments
- Tourist Hotel
- Kabira Country Club Ltd
- Munyonyo Commonwealth Resort Ltd
- Kampala International School
- Kampala Parents' School
- Rosebud Ltd
He continued expanding the sphere of activities through further investment in Education, Media, horticulture and property development.
Further to the groups' support in Education KISU was first started about 20 years ago with 67 students and now educates over 600 children.
About 10 years back the group also started a Kindergarten and primary school teaching the UNEB syllabus and educating mainly around 2900 Ugandan students.
With the expansion of business interest in banking, Forex, insurance, financial services, hospitality leisure industry, real estate and development, and education, he started recruiting qualified personnel to manage, run, and supervise the day-to-day operations of the various business segments, but still actively involved in business to provide guidance and policy direction for the established businesses to continue growing.
- Currently the group employs over 6,000 employees, predominantly Ugandans, with a large proportion being women.
- All business entities are regular and substantial supporters of various corporate social activities in sports, healthcare, arts and culture, heritage and religion.
- Individually and as a family, participates in many philanthropic endeavours to alleviate poverty and hardship for the disadvantaged members of the community at large.
AWARDS: Honorary Doctorate of Laws by Uganda Pentecoastal University on 25th October 2007.
FOUNDER / CHAIRMAN: RUPARELIA FOUNDATION
CURRENT BOARD POSITIONS:
VICE CHAIRMAN: CRANE BANK LTD.,
CHAIRMAN: GOLDSTAR INSURANCE CO. LTD
SANYU FM (2000) LTD
- KAMPALA INTERNATIONAL SCHOOL
- KAMPALA PARENTS SCHOOL
- ROSEBUD LTD
- MEERA INVESTMENTS LTD
- SPEKE RESORT , MUNYONYO
- TOURIST HOTEL