Age, Biography and Wiki

Geoffrey Onegi Obel is a Ugandan politician who has served in various capacities in the government of Uganda since the 1980s. He was born on 20 October 1955 in Uganda. He is currently the Minister of State for Investment in the Cabinet of Uganda. Obel attended Makerere University in Kampala, Uganda, where he obtained a Bachelor of Arts degree in Political Science and a Master of Arts degree in International Relations. He also holds a Master of Science degree in International Relations from the London School of Economics. Obel has held various positions in the government of Uganda, including Minister of State for Investment, Minister of State for Planning, and Minister of State for Finance. He has also served as the Chairman of the Uganda Investment Authority and the Uganda Development Corporation. Obel is married and has four children. His net worth is estimated to be around $2 million.

Popular As N/A
Occupation Economist
Age 69 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 69 years old group.

Geoffrey Onegi Obel Height, Weight & Measurements

At 69 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
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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
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Wife Not Available
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Children Not Available

Geoffrey Onegi Obel Net Worth

His net worth has been growing significantly in 2022-2023. So, how much is Geoffrey Onegi Obel worth at the age of 69 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 2023 $1 Million - $5 Million
Salary in 2023 Under Review
Net Worth in 2022 Pending
Salary in 2022 Under Review
House Not Available
Cars Not Available
Source of Income Economist

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Timeline

2003

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 acres (160 ha) 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. The land that was procured in 2004, had, by 2014, doubled in value to UGX:16 billion.

2001

Geoffrey Onegi Obel is a Ugandan economist. He is the current Chairman of UAP Financial Services Uganda Limited, a subsidiary of the Nairobi-based financial services conglomerate, UAP Holdings. 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). 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. 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.

1955

He was born in Uganda, circa 1955. 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.

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