Sikander Lalani is a businessman, MD at Roofings Group

entrepreneur Entrepreneurship is the creation or extraction of economic value in ways that generally entail beyond the minimal amount of risk (assumed by a traditional business), and potentially involving values besides simply economic ones. An entreprene ...

industrialist A business magnate, also known as an industrialist or tycoon, is a person who is a powerful entrepreneur and investor who controls, through personal enterprise ownership or a dominant shareholding position, a firm or industry whose goods or ser ...

, and former histopathologist in

Uganda Uganda, officially the Republic of Uganda, is a landlocked country in East Africa. It is bordered to the east by Kenya, to the north by South Sudan, to the west by the Democratic Republic of the Congo, to the south-west by Rwanda, and to the ...

. He is reported to be one of the wealthiest individuals in Uganda.

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 University College Hospital (UCH) is a teaching hospital in the Fitzrovia area of the London Borough of Camden, England. The hospital, which was founded as the North London Hospital in 1834, is closely associated with University College Lo ...

in London, United Kingdom.

Career

He left medicine and opened a retail electronics store in Kigali, Rwanda, in the 1970s, specializing in the

Philips Koninklijke Philips N.V. (), simply branded Philips, is a Dutch multinational health technology company that was founded in Eindhoven in 1891. Since 1997, its world headquarters have been situated in Amsterdam, though the Benelux headquarter ...

brand. Later, he became a distributor of Goodyear tyres in Rwanda. 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 The World Bank is an international financial institution that provides loans and Grant (money), grants to the governments of Least developed countries, low- and Developing country, middle-income countries for the purposes of economic development ...

. 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.

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.

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).

References

External links

Webpage of Roofi Groups
{{DEFAULTSORT:Lalani, Sikander Living people 1944 births Ugandan pathologists Ugandan businesspeople Ugandan people of Indian descent Ugandan Ismailis