Board of Directors
Shri M G George Muthoot is a graduate in Mechanical Engineering from Manipal Institute of Technology and has attended various Executive Management Courses at the Harvard Business School. He joined the family business, The Muthoot Group, at a young age and became its Managing Director in 1979. He took over as the Chairman of the Group in 1993.
Under his able leadership, The Muthoot Group has widened the scope of its operations and is today a business conglomerate comprising 18 diversified divisions with presence pan India and overseas. Muthoot Finance Limited, the Group’s flagship company became the largest gold financing company in India and the first ever NBFC to join the ‘Rs 1000 crore net profit club’ also under the leadership of M. G. George Muthoot.
He has been conferred with numerous national and international awards including the ‘AIMA Emerging Business Leader of the Year Award’ by Hon'ble Union Minister of Home Affairs - Shri Rajnath Singh and the ‘Distinguished and Outstanding Alumnus of the Year Award’ by the Manipal University. Some of the other awards include the Lifestyle Icon of the Year, Skoch Financial Inclusion Award, Golden Peacock Award for Excellence in Business Leadership, Corporate Governance, HR and CSR and the NRI Bharat Samman Award.
He is presently the National Executive Committee Member of FICCI and holds the position of Chairman in the Kerala State Council. He is also the Lay Trustee of the Malankara Orthodox Syrian Church.
Joint Managing Director
A banker with over 30 years of experience in managing business operations in the field of financial services, George Thomas Muthoot’s insights have played a pivotal role in the Group’s dramatic growth and profitability. As the Joint Managing Director and full-time Director of the Company, he brings to the table vast experience and expertise in managing and operating businesses in the field of financial services. Presently he is the member of Rotary International and a lifetime member of YMCA.
Joint Managing Director
A graduate in civil engineering from Manipal University, George Jacob Muthoot is the Joint Managing Director of the Group. He steers the operations of the Group by working closely with key personnel and by introducing contemporary protocols and continually raising the bar for personalised services. Presently, he is the member of the Trivandrum Management Association, Confederation of Real Estate Developers Association of India (Trivandrum), Trivandrum Agenda Task Force, Rotary Club (Trivandrum), governing body member of the Charitable and Educational Society of Trivandrum Orthodox Diocese (Trivandrum), Finance Committee Member, Mar Dioseorus College of Pharmacy (Althara, Trivandrum) and Mar Gregorios Orthodox Christian Mercy Fellowship (Trivandrum).
As Managing Director of the Group, George Alexander Muthoot oversees the planning, designing and funding of new projects, with a view to directing the Group towards the optimum utilisation of resources and funds. His inputs are central to the structure and has aided in the financial inclusion of giving gold loans to the masses, especially the economically weaker sections of society and the lower middle classes living in rural and semi-urban areas. A chartered accountant with a first rank in Kerala and 20th rank in India, George Alexander Muthoot also holds a bachelor’s degree in Commerce from Kerala University where he was a rank holder and gold medalist. He has been conferred with the Business Excellence Award by Times of India in March 2009. Presently, he is the Vice Chairman of Non-Banking Finance Companies Welfare Association, President of the Association of Gold Loan companies (AGLOC) - India, Managing Committee Member of the Equipment Leasing Association (Chennai), Founder and Core Committee member of The Indus Entrepreneurs International (Kochi Chapter) and CII National Committee member for Entrepreneurship & NBFC.