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.
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.
He currently serves as the company’s Executive Director & Chief Operating Officer.
Leadership changes follow strong business performanceThe leadership transition comes at a time when Muthoot Finance has recorded sustained business growth.
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.
Focus on digital transformation and future growth
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.
Leadership changes follow strong business performance
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.
Published on August 1, 2026
