AsgharAli Khatau

I was born in India and raised in Kenya, Africa, since the age of 11. I imported my first consignment from Germany at the age of 14. Business is in my blood. I worked as a City Bank Manager in Uganda and as Head Office Foreign Bank Manager I held USD 200 million in my control. In Tanzania I was in business. Later I was the highest paid Financial Controller in Kenya, working for a foreign beach hotel chain. You may be surprised to read that I hold only a High School Certificate (GCE-O Level) and did some college. Thank Allah God the rest was achieved through hard work and experience. I have visited or lived in 14 countries. Since 1988 I live in Canada. I speak 6 languages. Presently I am President/CEO of RIN Enterprises Ltd.

Shipping / Receiving
Environmental
Supervise Maintainance of Forklift Fleet
Lecturer/Certifier - Forklift Safety Class

Saved the corporation $500,0000 every year by cost cutting and negotiating purchases and services.

Manufatured "Kenola" Brand Fruit Cordials
Import - Export

Also operated associated companies:
Jaffary Garments
Massumin Restaurant (72 seats)

1975-Started @ Severin Sea Lodge - Accountant
1977-Severin Hotels Ltd (2nd Hotel) - Chief Accountant
1979-Plaza Hotel (3rd Hotel) - Group Chief Accountant
1980-Neptune Beach Hotel (4th Hotel)- Group Financial Controller

Highest paid employee in Tourism industry in Kenya.

A Bank Consortium comprising Dresdner Bank, Banque Nationale de Paris, Bank Lambert, National Westminster Bank.

As operation Manager I was responsible for all departments and submitting financial reports to the Head Office in Nairobi.

The highest achievement was to enroll huge clientele of business customers, buying the 4 story Bank Building, and closing annual final reports on the same day with my excellent team of department heads.

Asked by Head Office to train an indigenous personnel as Foreign Dept Manager. (I was ex-pat Kenya citizen on contract with gratuity).
Upon completion of training and my confirmation he became the Foreign Manager

Arua - The branch was running in loss for 13 years. I attracted lot of Savings and Current (Checking) Accounts. Arua made profit in the 14th year.

Tororo - Not happy with the rented 'shop' I sent proposals to Head Office to lend X millions to the only two of the largest successful Tororo industries. My purpose was to buy the entire building or to build a new home for the branch.

Jinja - Transferred for only two months. I lured the largest depositor in the city to open a fruitful account with 1 million in deposit and promise for more.

Uganda was under turmoil. All East Indians, 60,000 of them were thrown out of the country. I was one of 14 to have had amnesty from General Idi Amin to remain behind. But in view of the political situation I decided to return to Kenya.

Started as a clerk and trained under UN Seconded banking laureate to become Foreign Manager.

Designed all forms relating to intra bank foreign transactions.
Liaison with Bank of Uganda, the central bank for foreign exchange control.
Established correspondence relationship with banks abroad and assigned Test Keys.
Held under my personal control equivalent of US$200,000,000, foreign currencies of the Uganda Government.
Overlooked and advised 17 branches on foreign transactions.

Asked by the Head Office to train an indigenous personnel in Foreign Dept Manager (I was ex-pat Kenya citizen on contract with gratuity).
Upon completion of training and my confirmation he became the Foreign Manager

The Head Office asked me to improve some of the bank branches as Manager, starting with Arua Branch.