Background
He was born to a Syrian Christian family in Kozhencherry, Kerala, India. George Alexander Muthoot was born to M George Muthoot and Ammini George Muthoot on 16 September 1955 in Kozhencherry, a small town in South Kerala.
He was born to a Syrian Christian family in Kozhencherry, Kerala, India. George Alexander Muthoot was born to M George Muthoot and Ammini George Muthoot on 16 September 1955 in Kozhencherry, a small town in South Kerala.
Being an industry leader in the Gold Banking, in 2007 George was awarded his Doctor of Philosophy in “Non-Traditional Banking with special reference to Gold” by the Open International University - Colombo, Sri Lanka.
George Alexander Muthoot was appointed as the Managing Director of the Muthoot Group in February 1993. The conglomerate has since grown exponentially, and is currently present in over 16 diversified industries in 4 different countries. George is also the Managing Director of Muthoot Finance, a pioneer in Gold Banking.
With over INR 263.87 bn in Assets Under Management, Muthoot Finance is India"s Largest Gold Loan company (as of May 2013).
The group has various interests in sectors such as Financial Services, Plantations, media, Hospitality, Healthcare, Education, Power Generation, Infrastructure and Money Remittance. George is the President of the Association of Gold Loan Companies, an industry lobby formed by the Gold Loan companies in India, and is also the Ex-Chairman of the Kerala Non-Banking Finance Companies Welfare Association.
An industry leader in Gold Banking, George is often invited to forums such as Columbia Business School and the Indian Banking Conference (BANCON),he has also participated as a guest lecturer in Indian Institutes of Management Kozhikode, Tricy and ISB Hyderabad. India Today, a weekly magazine, ranked George as one of the most influential people in the State of Kerala in the year 2005.
Asianet, an Indian television channel, selected George as one of the Millennium leaders in 2000.
Dhanam, a fortnightly magazine in India, ranked Muthoot as one of the most important business families in Kerala. In the year 2013 Dhanam Magazine also conferred upon George the prestigious Businessman of the year Award.