MTN Rwanda has received approval from the National Bank of Rwanda to set up its financial technology subsidiary, Mobile Money Rwanda, effective 27 April. The operator has appointed Chantal Kagame as CEO with responsibility for business development, strategy, innovation, and day-to-day operations of the mobile money arm. The operator said establishing the fintech arm is in line with its strategy to lead digital services and contribute to the national economic strategy to enhance cashless transactions that offer convenience.
Prior to Kagame's appointment, she had been chief business and corporate affairs officer since she joined MTN in 2018. She is a senior telecom executive with over nineteen years of experience in multinational telecommunications. She has a track record in executive leadership, sales and distribution, mobile financial services, strategy development and execution, corporate affairs and credit management.
Prior to joining MTN Rwanda, Kagame was deputy CEO/COO at Tigo Rwanda for three years and head of sales, distribution and corporate affairs at the same company from 2011 to 2015.
