Mathai George Muthoot (4 February 1911 – 31 January 1993) was an Indian entrepreneur and businessman, prominent for his pioneering work in the South Indian financial sector. He is the father of
M. G. George Muthoot
Mathai George George Muthoot (2 November 1949 – 5 March 2021) was an Indian entrepreneur and businessman. He was the third generation of his family to be chairman of the Muthoot Group, and the former Lay Trustee of the Indian Orthodox Church. ...
and
G. Alexander Muthoot
He, along with his father N. Mathai Muthoot, founded what would later become the
Muthoot Group of Companies.
Early life
M. George Muthoot was born to N. Mathai Muthoot on 4 February 1911 in
Kozhencherry
Kozhencherry ( ml, കോഴഞ്ചേരി) is a census town in Pathanamthitta district of Central Travancore region (South Central Kerala) in Kerala state, India. census, the population was 433,357 people in 92,825 households.
History
Kozh ...
, a small town in South Kerala. N. Mathai Muthoot managed the family business of contract timber in the
Kingdom of Travancore.
Meanwhile, George joined the Indian army. He was married to Ammini George Muthoot and had seven children (six sons and one daughter), who now manage the Muthoot Group.
Business career
After completing his army service, he returned to Kozhencherry in 1925 and established a new partnership firm along with his father (Muthoot Chit Fund), which was primarily a
Chit Fund, and hence marking the foray of
Muthoot
The Muthoot Group is an Indian multinational conglomerate headquartered in Kochi, Kerala. It has interests in financial services, information technology, media, healthcare, education, power generation, infrastructure, plantations, preciou ...
into the financial sector.
The company started by M. George Muthoot came to be known as the Muthoot Group and is today among the largest and most respected companies in
South India
South India, also known as Dakshina Bharata or Peninsular India, consists of the peninsular southern part of India. It encompasses the Indian states of Andhra Pradesh, Karnataka, Kerala, Tamil Nadu, and Telangana, as well as the union territo ...
.
He and his son Dr. G. Kurien Muthoot were also instrumental in setting up a multi-specialty hospital in Kozhencherry (Muthoot Medical Center).
See also
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Kozhencherry
Kozhencherry ( ml, കോഴഞ്ചേരി) is a census town in Pathanamthitta district of Central Travancore region (South Central Kerala) in Kerala state, India. census, the population was 433,357 people in 92,825 households.
History
Kozh ...
*
Muthoot Family
*
Muthoot Group
*
M. G. George Muthoot
Mathai George George Muthoot (2 November 1949 – 5 March 2021) was an Indian entrepreneur and businessman. He was the third generation of his family to be chairman of the Muthoot Group, and the former Lay Trustee of the Indian Orthodox Church. ...
*
George Alexander Muthoot
George Alexander Muthoot (born 16 September 1955) is an Indian entrepreneur and businessman who is currently the managing director of the Muthoot Group, a business conglomerate in India.
Personal life
George Alexander Muthoot was born to M Geo ...
{{DEFAULTSORT:Muthoot, M. George
1911 births
1993 deaths
Businesspeople from Kerala