Early Life
George Alexander Muthoot was born on September 16, 1955, in Kozhencherry, Kerala, India. He grew up in a business-oriented family and developed an early interest in finance and commerce. His father, Ninan Muthoot, founded the Muthoot Group. George Alexander Muthoot holds a Bachelor's degree in Commerce from the University of Kerala, where he earned a gold medal for securing the first rank in the state. He is also a Chartered Accountant, certified by the ICAI, achieving the All India Rank 18 in final examinations.
Rise to Success
Appointed as the Managing Director of the Muthoot Group in February 1993, George Alexander Muthoot has overseen significant growth. He is also the Managing Director of Muthoot Finance, which has become India's largest gold loan company. Under his leadership, Muthoot Finance has expanded to over 5,000 branches across the country.
Key Business Strategies
George Alexander Muthoot has focused on expanding Muthoot Finance's services, including money transfer, business, and personal loans. The company has a network of 4,800 branches disbursing gold loans and serving over 200,000 customers daily. Muthoot's strategies have focused on customer-centricity and ethical practices, growing the company's assets under management significantly.
Philanthropy
Through the Muthoot M. George Foundation, George Alexander Muthoot is deeply committed to education and healthcare. The foundation supports initiatives focusing on kidney-related ailments.
