The 137-year-old Muthoot Pappachan Group (MPG), widely known as Muthoot Blue, has announced the induction of its fourth-generation leaders into its board of directors. This strategic move ensures the continuation of MPG’s legacy while preparing for future growth and innovation.
The new board members include:
- Tina George Muthoot as Executive Director of Muthoot Capital Services.
- Thomas Muthoot John as Executive Director of Muthoot MicroFin.
- Suzannah Muthoot as Executive Director of Muthoot Housing Finance.
- Ritu George Muthoot and Susan John Muthoot as Non-Executive Directors of Muthoot Capital Services.
- Hannah Muthoot as Director of Muthoot International Sports School, an initiative combining academics with elite sports training.
The Reserve Bank of India and the company’s boards approved this leadership expansion.
A Legacy of Leadership
The next-gen leaders have undergone extensive training, starting at foundational roles and progressing through mid-management levels across various group entities. This structured induction has equipped them with practical experience and a deep understanding of MPG’s values and operations.
Vision for the Future
Thomas John Muthoot, Chairman of MPG, expressed confidence in the new leadership team’s ability to blend innovation with respect for MPG’s storied heritage. He emphasized their readiness to steer the group toward greater achievements.
The expanded leadership team aims to enhance MPG’s nationwide presence and strengthen its offerings across financial services and other sectors, including hospitality, automotive, realty, and alternative energy. MPG, with a network of over 5,200 branches and 40,000 employees, continues to be a major player in India’s business landscape.
