MG George Muthoot, Chairman of Muthoot Group, died on Friday, ie on the evening of 5 March. George Muthoot was 72 years old. Muthoot Finance is the largest gold loan non-banking financial company in the country.
MG George Muthoot was a third-generation member of his family, who held the post of chairman of the Muthoot Group with responsibilities. He was a trustee of Orthodox Church Church and was also a member of the National Executive Committee of the Federation of Indian Chambers of Commerce and Industry (FICCI).
Not only this, but George Muthoot was also the President of FICCI Kerala State Council. George Muthoot was one of the 6 Malayalis who made it to Forbes magazine's list of the rich last year. It has been learned that under the leadership of MG George Muthoot, the company expanded to more than 5000 branches and more than 20 different businesses worldwide.
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