Sikander Lalani Explained

Sikander Lalani
Birth Date:4 October 1944
Birth Place:Nsambya Hospital, Uganda
Nationality:British and Ugandan
Alma Mater:University College London

Royal College of Pathologists
Occupation:Businessman, industrialist, entrepreneur, and histopathologist
Years Active:1972 – present
Managing director & chief executive officer
Roofings Group

Sikander Lalani is a businessman, MD at Roofings Group entrepreneur, industrialist, and former histopathologist in Uganda.[1] He is reported to be one of the wealthiest individuals in Uganda.[2]

Background and education

Lalani was born on 4 November 1944 at Nsambya Hospital in Kampala. He trained as a histopathologist and practiced for two years in the 1960s at the University College Hospital in London, United Kingdom.[1]

Career

He left medicine and opened a retail electronics store in Kigali, Rwanda, in the 1970s, specializing in the Philips brand. Later, he became a distributor of Goodyear tyres in Rwanda.[1]

In 1976, his Japanese associates, who supplied him with electronics, introduced him to the idea of manufacturing metallic roofing materials in Rwanda. With the assistance of the Rwanda Development Bank, he successfully applied for a loan of US$1 million from the World Bank. In 1978, he set up a factory in Kigali, manufacturing roofing material. When genocide broke out in 1994, he left Rwanda for Tanzania. He then relocated to Uganda because of excessive bureaucracy in Tanzania.[1]

Roofings Group

See main article: Roofings Group. Over the last two decades, Lalani has built a steel-manufacturing conglomerate in Uganda, consisting of three separate factories. His businesses are organized into the Roofings Group.[3] [4]

Net worth

According to the 2022CEO East Africa web article in 2023, Lalani had a net worth of approximately US$ 1 billion.

Personal

Lalani is married to Winnie Abotile Lalani and they have 4 children together (2024).[5]

See also

External links

Notes and References

  1. Web site: Sikander Lalani: Uganda's steel magnate . 10 March 2016 . 6 May 2014 . Abdulaziizi . Tumusiime . . Kampala.
  2. Web site: The deepest pockets . 11 March 2016 . 6 January 2012 . and Ssebidde Kiryowa . Michael Kanaabi . . Kampala.
  3. Web site: Stephen . . Kampala . New steel plant set to employ 2,000 people . 13 March 2016 . 30 August 2013 . Otage.
  4. Web site: Sikander Lalani: Uganda's steel magnate . 13 March 2016 . 6 May 2014 . Abdulaziizi . Tumusiime . . Kampala.
  5. Web site: Uganda: Lalani, Winnie Under One Roof . 10 March 2016 . 27 December 2006 . Vision Reporter . . Kampala.