Early Life
George Thomas Muthoot was born in Kozhencherry, Kerala, India, in 1955. He comes from a family deeply rooted in business, with his father, M. George Muthoot, managing the family's business. From an early age, he developed a keen interest in finance and commerce, laying the foundation for his future career.
Rise to Success
George Thomas Muthoot is the Joint Managing Director of The Muthoot Group. He has been actively involved in the family business for over three decades, working alongside leaders and teams in various verticals to drive the group's expansion. His work is focused on empowering human ambition through innovative, technology-driven solutions, making a sustainable difference in people's lives. Muthoot's responsibilities include serving as the Chairman of the Kerala Non-Banking Finance Companies Welfare Association (KNBFC), Secretary of the Association of Gold Loan Companies (AGLOC), and a committee member of the Finance Companies Association (FCA).
Key Business Strategies
Muthoot's leadership is characterized by a customer-centric approach, focusing on creating and promoting products and services that make a difference in customers' lives. He has been instrumental in the group's diversification into various sectors, including financial services, automotive retail, and real estate.
Philanthropy
The Muthoot Group has a strong tradition of social service and corporate social responsibility. The group supports various initiatives in education, environment, health, and medical aid, as well as providing financial assistance to economically backward classes.