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April 30th, 2014
Sudhir Ruparelia

Sudhir Ruparelia

Sudhir Ruparelia, Ruparelia Foundation Chairman

Sudhir Ruparelia, born in Kampala, Uganda is the Founder and Chairman of the Ruparelia Foundation.

The Ruparelias relocated to the UK in 1972 where the 16-year-old Sudhir worked odd jobs in factories, supermarkets and butcheries while studying in the evenings until he completed his A level education.

When he completed A levels, he joined various companies and worked as an accountant in one.

Ruparelia returned to Uganda in 1985 where he has since invested in different sectors.

With just $25 000 in savings, he started a commodities trading business and Uganda’s first foreign exchange bureau.

Over the years, Ruparelia developed a vibrant forex business and gradually obtained a banking license.

This marked the birth of Crane Bank Limited in August 1995, a private commercial bank which is now Uganda’s second largest commercial bank.

Ruparelia obtained a licence to operate an Insurance Company. Goldstar Insurance Co Ltd commenced operations in 1996.

Ruparelia continued to re-invest profits from his businesses in Uganda and built the largest portfolio of properties in Uganda comprising of prime commercial, industrial and residential properties mainly in Kampala.

Ruparelia received an Honorary Doctorate of Laws from the Uganda Pentecoastal University on October 2007.

Ruparelia is the Vice Chairman of Crane Bank Ltd; is the Chairman of Goldstar Insurance Company Ltd and of Sanyu FM (2000) Ltd.

In addition, Ruparelia is the chairman and managing director of the companies mentioned below:

Kampala International School
Kampala Parents School
Rosebud Ltd
Meera Investments Ltd
Speke Resort
Tourist Hotel
Crane Financial Services Ltd
Crane Management Services Ltd
Speke Equestrian Centre Ltd
Speke Apartments Ltd
Redfox Tours & Travels
Crane Forex Bureau Ltd
Redfox Forex Bureau Ltd
Karibu Forex Bureau Ltd
Speke Hotel (1996) Ltd
Kabira Country Club Ltd
Munyonyo Commonwealth Resort Ltd

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