About Late Shri M. G. George Muthoot

Under his able leadership, The Muthoot Group widened its scope of operations and turned into a business conglomerate comprising of 20 diversified business divisions with a widespread presence across India and overseas. Under his visionary leadership, Muthoot Finance Limited, the Group’s flagship Company became India’s largest gold financing company amongst NBFCs and the first-ever NBFC to join the ‘Rs. 1000 Crore Net Profit Club’. He was conferred with numerous national and international awards, including the ‘AIMA Emerging Business Leader of the Year Award’ by the Honourable Union Minister of Home Affairs - Shri Rajnath Singh and the ‘Distinguished and Outstanding Alumnus of the Year Award’ by the Manipal University to name a few. 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 also served as the National Executive Committee Member of FICCI and held the coveted position of Chairman in the Kerala State Council. He also served as the Lay Trustee of the Malankara Orthodox Syrian Church for a period of 10 years.

Message from Late Shri M. G. George Muthoot

As a member of the 19th generation of the Muthoot Family and the current Chairman of The Muthoot Group, I take humble pride in stating that The Muthoot Group is an organization that has an unblemished family business legacy of over 800 years! I feel very few families world over could take pride in such a rare and unique distinction. The Muthoot Group, which formally started as a small trading business enterprise in Kozhencherry in 1887, is today a business conglomerate with 20 diversified divisions and a network of 5000+ branches across India, USA, UK, UAE, Central America and Sri Lanka. Everyday more than 2 Lakh customers are served satisfactorily by our team of +40,000 dedicated employees.

Guided by the uncompromising founding principles of Ethics, Values, Reliability, Dependability, Trustworthiness, Goodwill and Integrity, the Group thrives on the philosophy of ‘Unchanging Values in Changing Times’. Not only as a business family but also as a responsible and value-based corporate entity, we have always aimed at serving the nation and contributing to the development of the country through our continued efforts towards Financial Inclusion of the unbanked and underserved masses.

With inclusive growth as our core objective, we have also been involved in the process of Financial Inclusion right from our inception through our easy loans against gold jewellery. While we have been expanding consistently, we have also been ensuring that our growth story is the story of our steadily growing nation. We have always believed that our prosperity lies in the elevation of the quality of millions of lives across rural, semi urban and urban India with ‘Sustainability‘ at the core of all our businesses and activities. Furthermore, through our CSR initiatives, we have been touching the lives of millions of fellow Indians and giving shape to their numerous dreams..

As we grow and expand nationally and internationally, we continue to remain committed to the growth of our nation through our numerous products and services.
 

Late Shri M. G. George Muthoot

Chairman, The Muthoot Group of Companies

(1949-2021)