Muthoot Finance announces leadership succession: Names Alexander George as MD

The Board of Directors of Muthoot Finance Limited has recommended the appointment of Alexander George as the Managing Director of the company, effective October 1, 2026.

The appointment is subject to shareholders’ approval at the upcoming AGM of the company.

George Alexander Muthoot, the current Managing Director, will assume the role of Executive Vice Chairman. In his new role, George Alexander Muthoot will continue to guide the organisation, mentor the next generation of leadership, and provide strategic direction as the company enters its next phase of growth, a press release said.

Alexander George spearheaded several transformation initiatives across technology, digital banking, customer experience, marketing, brand building, operational excellence and people development, helping build a future-ready organisation while maintaining the trust and values that define the Muthoot brand.

The Board has also recommended the elevation of K. R. Bijimon to the position of Chief Executive Officer (CEO). He currently serves as the company’s Executive Director & Chief Operating Officer.

The leadership transition comes at a time when Muthoot Finance has recorded sustained business growth. The Company has, as on June 30, 2026, crossed ₹1.91 trillion consolidated Loan Assets Under Management, and achieved a historic milestone by crossing ₹106.06 billion in consolidated profit after tax during the financial year 2025-26.

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.