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
