Mr. Felix Okoboi is an experienced finance and investments professional, with over 20 years of local and international finance, development finance, real estate and project management experience. He is currently the Managing Director of CLB Capital, which specializes in Distressed Assets, Real Estate and Equity Investments.
Felix was previously Chief Executive Officer of Uganda’s National Housing and Construction Company, Financial Sector Advisor to KfW Entwicklungs bank (German Development Bank) and Executive Director/Head of Investments of First Renaissance Securities, previously Renaissance Capital, a member of the Uganda Securities Exchange.
Prior to that, he was a Vice President with Kalahari Advisors LLC (now Kalahari Capital Partners), a US private equity firm, and an investment banker in the Leveraged Finance group at Wachovia Securities (now Wells Fargo Securities). During this time, he worked on and executed acquisitions, refinancings and recapitalizations, among other transactions. Before he worked on Wall Street, he was a Project Manager and Architect for a leading regional consultancy, responsible for overseeing the execution of several multimillion dollar projects.
Felix holds and has held several key positions in Uganda’s financial sector. He is the Board Chairperson of Uganda Development Bank and a Board Member of the Agricultural Business Initiative (aBi).
He is also the Chairperson of the Investment Committee of the EUR 22 million Yield Uganda Investment Fund, Uganda’s first locally domiciled and largest Impact Equity Investment Fund for Agribusiness, set up by the European Union, IFAD and NSSF. He is currently the Lead Manager of the Assets Reconstruction Company of Uganda (ARC), a Distressed Asset Fund set up in 2017 by the Uganda Bankers Association to resolve the high levels of Non-Performing Loans in Uganda’s banking sector currently standing at approximately USD 500million.
He is also the Technical Advisor for Equity Investments to the Board of Directors of the National Social Security Fund of Uganda (NSSF), Uganda’s compulsory provident fund and the largest regional pool of capital with AUM of approx. USD 3 billion. Felix is also an Apex Member of the Financial Markets Development Committee of Bank of Uganda (advisors to and appointed by the Governor of the Bank of Uganda), representing Private Equity and Venture Capital.
Felix holds an MBA in Finance from The Wharton School, University of Pennsylvania, and a Master of Arts in International Business Studies from the University of Pennsylvania, where he was on the Director’s List of top performing students. He is a Joseph Wharton Scholar and a Barrows Fellow. He is also a graduate of the Aachen University of Technology (RWTH Aachen) in Germany where he obtained a bachelor’s degree and a master’s degree in Engineering with a major in Architecture.