George Alexander Muthoot (September 16, 1955 - ) is an India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

n entrepreneur

Entrepreneur

An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...

 and businessman, he is currently the Managing Director of the Muthoot Group, a business conglomerate

Conglomerate (company)

A conglomerate is a combination of two or more corporations engaged in entirely different businesses that fall under one corporate structure , usually involving a parent company and several subsidiaries. Often, a conglomerate is a multi-industry company...

 in India. He was born to a Syrian Christian family in Kozhencherry

Kozhencherry

Kozhencherry is a small town in Pathanamthitta district of Central Travancore region in Kerala state, South India. It is on the banks of river Pampa. It is a commercial centre with many of the Banks and trade companies have their establishments here. It is believed that once the Kovilans of...

, Kerala

Kerala

or Keralam is an Indian state located on the Malabar coast of south-west India. It was created on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions....

, India

India

India , officially the Republic of India , is a country in South Asia. It is the seventh-largest country by geographical area, the second-most populous country with over 1.2 billion people, and the most populous democracy in the world...

.
George, along with his brothers manage the Muthoot Group of companies.

Personal life

George Alexander Muthoot was born to M George Muthoot and Ammini George Muthoot on 16 September 1954 in Kozhencherry

Kozhencherry

Kozhencherry is a small town in Pathanamthitta district of Central Travancore region in Kerala state, South India. It is on the banks of river Pampa. It is a commercial centre with many of the Banks and trade companies have their establishments here. It is believed that once the Kovilans of...

, a small town in South Kerala. M George Muthoot managed the family business, of Chit fund

Chit Fund

A Chit fund is a kind of savings scheme practiced in India. A Chit fund company means a company managing, conducting or supervising, as foremen, agent or in any other capacity, chits as defined in Section 2 of the Chit Funds Act, 1982...

s, in Kozhencherry. He did his Bachelors in commerce from St. Thomas College, Kozhencherry (University of Kerala), and was awarded a gold medal for obtaining the first rank in the state for the degree. He is also a Chartered Accountant

Chartered Accountant

Chartered Accountants were the first accountants to form a professional body, initially established in Britain in 1854. The Edinburgh Society of Accountants , the Glasgow Institute of Accountants and Actuaries and the Aberdeen Society of Accountants were each granted a royal charter almost from...

 certified by the ICAI

ICAI

ICAI may stand for* Institute of Chartered Accountants of India* Institute of Chartered Accountants in Ireland* ICAI, Instituto Católico de Artes e Industrias of the Comillas Pontifical University in Madrid, Spain....

, and secured All India Rank 18 for his final examinations. In 2007 George was awarded his PhD in “Non-Traditional Banking with special reference to Gold” by the Open International University, Colombo.
George's favorite pastimes are to read books, primarily fiction, and play badminton.
George is married to Anna Alexander, and has two sons George Muthoot Alexander and Eapen Alexander.

Business career

George Alexander Muthoot became the Managing Director of the Muthoot Group, in February 1993. The conglomerate since has grown exponentially, and now has an annual turnover of Rs.14,500 crores (rupees 145 Billion) (as of May 2009). The group has various interests in sectors such as financial services

Financial services

Financial services refer to services provided by the finance industry. The finance industry encompasses a broad range of organizations that deal with the management of money. Among these organizations are credit unions, banks, credit card companies, insurance companies, consumer finance companies,...

, plantations, media

Media (communication)

In communications, media are the storage and transmission channels or tools used to store and deliver information or data...

, hospitality

Hospitality

Hospitality is the relationship between guest and host, or the act or practice of being hospitable. Specifically, this includes the reception and entertainment of guests, visitors, or strangers, resorts, membership clubs, conventions, attractions, special events, and other services for travelers...

, healthcare, education

Education

Education in its broadest, general sense is the means through which the aims and habits of a group of people lives on from one generation to the next. Generally, it occurs through any experience that has a formative effect on the way one thinks, feels, or acts...

, power generation, infrastructure

Infrastructure

Infrastructure is basic physical and organizational structures needed for the operation of a society or enterprise, or the services and facilities necessary for an economy to function...

 and foreign exchange

Foreign exchange market

The foreign exchange market is a global, worldwide decentralized financial market for trading currencies. Financial centers around the world function as anchors of trading between a wide range of different types of buyers and sellers around the clock, with the exception of weekends...

.

India Today

India Today

India Today is an Indian weekly news magazine published by Living Media India Limited, in publication since 1975 based in Mumbai. India Today is also the name of its sister-publication in Hindi...

, a weekly magazine, ranked George as one of the most influential people in the State of Kerala

Kerala

or Keralam is an Indian state located on the Malabar coast of south-west India. It was created on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions....

 in the year 2005.
Asianet

Asianet

Asianet Communications Limited is an Indian media conglomerate jointly owned by STAR TV and Jupiter Entertainment. Formed in 1991 and headquartered in the city of Thiruvananthapuram in the south Indian state of Kerala, the company owns several television channels including Asianet, the first...

, an Indian television channel, selected George as one of the Millennium leaders in 2000.
Dhanam

Dhanam (Business Magazine)

Dhanam is a fortnightly business and investment magazine in Malayalam language, published in the state of Kerala, India by Dhanam Publications Pvt. Ltd.. It was first published in 1987, and currently has a readership of over 4 lakhs with a circulation base of 1 lakh copies...

, a fortnightly magazine in India, ranked Muthoot as one of the most important business families in Kerala

Kerala

or Keralam is an Indian state located on the Malabar coast of south-west India. It was created on 1 November 1956 by the States Reorganisation Act by combining various Malayalam speaking regions....

.

See also

• Muthoot Family
  Muthoot Family
  The Muthoot family is one of the foremost business houses in South India. The family has interests in various sectors of business varying from Financial Services to Media. The founder of the Muthoot Group was Ninan Mathai Muthoot, from whom the business house was later taken over by his son, M....
  
  
• Muthoot Group
• M George Muthoot
• M G George Muthoot