Alykhan Karmali is a businessman, entrepreneur, industrialist, and philanthropist in Uganda. He is the managing director of Mukwano Industries Uganda Limited, a member company of the Mukwano Group.
His influence and power in the banking industry, have to do with his directorship role, as a non-executive director of Exim Bank (Uganda), a commercial bank in which the Mukwano Group maintains 36.5 percent shareholding.
As an individual, he is said to be worth some USD700 million and according to Forbes.com, the Mukwano Group annual turnover is estimated at USD230 million (UGX850.4 billion) making him a prime customer worth having on your side for any bank.
