Home Business Bank of Uganda Approves Doreen Rutazaana for Micropay Board Role
BusinessInnovationNews

Bank of Uganda Approves Doreen Rutazaana for Micropay Board Role

Share
Share

Bank of Uganda has formally approved the appointment of Doreen Rutazaana as a Director to the Board of Directors of Micropay (U) Limited, a licensed fintech company operating under the regulatory supervision of the Central Bank.

This approval follows Doreen’s nomination by the shareholders and her successful completion of Bank of Uganda’s mandatory Fit and Proper vetting process, which assesses the integrity, competence, and financial standing of individuals seeking leadership positions in regulated financial institutions. With this regulatory green light, Doreen Rutazaana’s directorship is now officially confirmed.

We extend our warm congratulations to Doreen on this well-earned appointment and wish her continued success as she joins the Board of one of Uganda’s most impactful digital financial service providers.

About Doreen Rutazaana

Doreen Rutazaana is the CEO of Cinnamon Solutions and a respected banking professional with over 20 years of experience. She has worked extensively with SMEs, corporates, and NGOs, with a strong focus on Agribusiness, Women in Business, and Supply Chain Banking. Doreen holds an Executive MBA from Valar Institute, a Master’s in Marketing Management, and is passionate about financial inclusion and sustainability, particularly in underserved communities.

About Micropay (U) Limited

Micropay (U) Limited is a Bank of Uganda-licensed Payment Systems Operator (PSO) committed to transforming how money moves across Uganda. The company builds and operates secure, interoperable, and inclusive digital financial platforms that power payments for individuals, enterprises, development agencies, and government programs.

Through its suite of services, including real-time payments, bulk disbursements, agency banking integrations, and digital tools for SACCOs and Village Savings & Loan Associations, Micropay digitizes transactions at scale, especially in last-mile and underserved communities.

Its solutions have supported financial inclusion for women, youth, and smallholder farmers, streamlined government-to-person (G2P) payments, and enabled private sector efficiency through better payment infrastructure. By fostering transparency, lowering transaction costs, and championing innovation, Micropay continues to play a critical role in Uganda’s transition to a cash-lite economy

Share
Related Articles
News

Uganda Takes Stake as Kenya Pipeline Company Lists on Nairobi Securities Exchange

Uganda has strengthened its position in the regional energy sector after acquiring...

NewsWomen Moving Nations

Mbabazi K. Emejeit; From Legal Foundations to Banking Boardroom, Defining Integrity & Leadership

In Uganda’s evolving banking landscape, strong governance and compliance matter more than...

News

Centenary Bank Donates 20 Waste Bins to Gayaza High School to Promote Environmental Cleanliness

Centenary Bank has donated 20 waste bins to Gayaza High School as...

News

NSSF Warns Retirees Against Squandering Savings

NSSF retirement savings management is critical for workers preparing for life after...

We are the reliable source of filtered, timely, relevant tech, innovation, and business news. We gather business, technology, lifestyle, innovation news from Uganda, East Africa and around the world as it happens, presenting it to you in a simple to use and intuitive web portal.

Let us keep in touch

Subscribe to our newsletter to get our newest articles instantly!

    © 2025 Postdator Corporate News. All rights reserved.