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Geoffrey Onegi Obel was born on 20 October, 1955 in Uganda, is a Ugandan politician. Discover Geoffrey Onegi Obel's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 68 years old?

Popular As N/A
Occupation Investment Banker
Age 68 years old
Zodiac Sign Libra
Born 20 October, 1955
Birthday 20 October
Birthplace Uganda
Nationality Uganda

We recommend you to check the complete list of Famous People born on 20 October. He is a member of famous Economist with the age 68 years old group.

Geoffrey Onegi Obel Height, Weight & Measurements

At 68 years old, Geoffrey Onegi Obel height not available right now. We will update Geoffrey Onegi Obel's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Dating & Relationship status

He is currently single. He is not dating anyone. We don't have much information about He's past relationship and any previous engaged. According to our Database, He has no children.

Family
Parents Not Available
Wife Not Available
Sibling Not Available
Children Not Available

Geoffrey Onegi Obel Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Geoffrey Onegi Obel worth at the age of 68 years old? Geoffrey Onegi Obel’s income source is mostly from being a successful Economist. He is from Uganda. We have estimated Geoffrey Onegi Obel's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income Economist

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Timeline

Geoffrey Alan Onegi Obel is a Ugandan investment banker.

He is the founder of the Uganda Securities Exchange and of UAP Old Mutual Financial Services Uganda Limited, a subsidiary of the Nairobi-based financial services conglomerate, UAP Old Mutual Holdings.

1932

His father is the renowned Ugandan economist and Politician Onegi Obel (1932–2008), who served as the Deputy Governor of the Bank of Uganda from 1968 until 1973 and was the Governor of the Bank of Uganda from 1973 until 1978.

He studied Economics at university obtaining both the degrees of Bachelor of Arts in Economics and Master of Arts in Economics.

1955

He was born in Uganda, circa 1955.

2001

From 2001 until 2005, he served as the Chairman of NSSF Uganda.

In 2001, he was appointed Chairman of Uganda's National Social Security Fund (NSSF).

2003

In 2003 he spoke out about "how cash is the missing ingredient in the recipe for the country's economic development" in reference to the Ugandan economy relying on donor funding and taxes derived from imports.

Under the NSSF, Obel attempted to raise foreign investment and advance the regulation of the Bank of Uganda to improve national savings.

In 2003, while still the Chairman of NSSF Uganda, he floated a special purpose vehicle called Premier Developments Limited, a 50–50 joint venture between NSSF Uganda and Mugoya Estates Limited.

NSSF's contribution was 400 acre of land.

The project was cancelled by government and charges were brought against Geoffrey Onegi Obel and others.

The case was dismissed, but government prosecutors re-filed it a second time.

He was cleared of all charges because he was able to prove in court that he followed all relevant protocols, including getting clearance from the Minister of Finance, as required by the law.

2004

The land that was procured in 2004, had, by 2014, doubled in value to UGX:16 billion.

2006

His efforts towards developing the economy and instructure of Uganda and corporate interests has often led to conflict and in 2006, for instance, he was involved in a legal battle over the construction of a bridge which jeopardized the livelihoods of local farmers.

After he left the NSSF, he became the director of UAP Financial Services Uganda Limited, a subsidiary of UAP Holdings, whose shares are traded over the counter, pending listing on the Nairobi Stock Exchange.