Mr. Alexander George Muthoot honored with Chanakya Award

This honor is for significant contribution to the field of Administration and Good Governance. This award was given in a glittering function in Kolkata on 11th Nov 2022. Shri. Alexander George Muthoot, Joint Managing Director of The Muthoot Group, is carrying forward the 800-year legacy of the Muthoot Family through varied Corporate Social Responsibility Initiatives & strong Corporate Governance Practices. Today, Muthoot Finance is the flagship company of The Muthoot Group, a multi-faceted, multi-dimensional conglomerate, with 20 diversified business divisions. One of the company’s visionaries credited with the Group’s stupendous success is Alexander George Muthoot, Joint Managing Director, The Muthoot Group. Alexander oversees the Group’s North, East and West India Operations across 18 Business Functions and 20 Diversified Divisions and is spearheading its relentless march towards greater glory.    Mr. Alexander George Muthoot is the youngest son of Late Shri. M. G. George Muthoot, the Former Group Chairman of The Muthoot Group. An advanced diploma in business administration from Florida International University and an MBA from Thunderbird University in USA, Alexander joined the family business as a Manager. His tireless efforts helped him rise through the ranks to become the Joint Managing Director of the Group.

Expanding Relentlessly  

Polite and soft-spoken Alexander is a formidable business leader. He actively introduced use of modern techniques and technology, not just in operations but also in the way oversight was maintained over actions of individuals, departments and functions. The role of strong Corporate Governance in modern day businesses is one of this strong beliefs and he likes to practice it in every which way possible. Some of the many Corporate Governance practices adopted by the Group include a strong Audit Department with a team strength of over 1100 internal auditors, use of specific software like Statutory Compliance Management, various process automations, Customer on-boarding through Customer Relationship Management software integrated with Digital KYC & Video KYC, use of high-tech surveillance systems through remote monitoring for safety and security of customer’s pledged gold etc.   He’s has been laying special emphasis on the Code of Conduct to be the guiding light for all employees and senior management alike, even as the Group made strategic investments in innovative customer centric initiatives, staff welfare measures, information dissemination through branding initiatives. The mechanisms of internal vigil and continuous risk management through expert committees have also been reinforced and made more vigorous.

About The Muthoot Group

Muthoot Finance Ltd is the flagship company of The Muthoot Group which has 20 diversified business divisions with over 5750 branches pan India. Muthoot Finance serves over 2.5 lakh customers every day. Muthoot Finance is India’s largest gold loan NBFC and India’s No.1 Most Trusted Financial Services Brand, according to the Brand Trusted Report (2016-2020). As part of its core business, Muthoot Finance provides loans secured against household gold jewelry at highly affordable rates and amazing product features. Globally, the Group has presence across USA, UK, UAE, Costa Rica, Nepal, and Sri Lanka. For more details please visit: www.muthootfinance.com.