Muthoot Finance Appoints two Additional Directors as Board of Directors of the Company

Muthoot Finance Ltd, the largest gold financing company in India in terms of loan portfolio, announced the appointment of Ms Pamela Anna Mathew and Mr Alexander George Muthoot as Additional Directors of the company.

Ms Pamela Anna Mathew is a well- known business leader with a remarkable career spanning over 40 years. She is currently serving as the Managing Director of O/E/N India Limited. She holds a Post graduate degree in Economics & Business Administration from Kerala and Cochin University. She has been awarded the CII award for best Chairperson at national level for outstanding contributions and has served as Chairperson of social development & women empowerment panel for southern region of CII for consecutive two years.

Her Public service commitments included serving the Board of Apprenticeship Training by Ministry of Human Resource Development, Advisory board member of Vidyodaya Institute of Education Management, Cochin, Member of Academic Council of Cochin University of Science & Technology, and is a Trustee for Global Public School, Cochin.

Mr Alexander George Muthoot, is an MBA Graduate from Thunderbird University (USA) and an advanced diploma holder in Business Administration from Florida International University, Miami (USA). He has also served as the President of Indian Subcontinent Club at Thunderbird University and has been a member of various committees at the university.

He currently heads the Marketing, Operations of the company. Under his dynamic leadership and keen vision, the company has enhanced its brand visibility through innovative marketing strategies, expanded its branch network, and implemented various IT initiatives that have benefited both customers and employees.

Commenting on the appointments Mr George Alexander Muthoot, Managing Director, Muthoot Finance ltd said, “We are delighted to have two outstanding business leaders with us on board, both leaders possess broad range of knowledge and experience which will contribute immensely to the future growth and profitability of our company”.

About Muthoot Finance Ltd:

Muthoot Finance Limited is the largest gold financing company in India in terms of loan portfolio. The company is a “Systemically Important Non-deposit taking NBFC” headquartered in the southern Indian state of Kerala. Operating history of Muthoot Finance has evolved over a period of 75 years since M George Muthoot (the father of our Promoters) founded a gold loan business in 1939 under the heritage of a trading business established by his father, Ninan Mathai Muthoot, in 1887.

The company provides personal loans secured by gold jewellery, or Gold Loans, primarily to individuals who possess gold jewellery but could not access formal credit within a reasonable time, or to whom credit may not be available at all, to meet unanticipated or other short-term liquidity requirements.

Company is listed on both National Stock Exchange and Bombay Stock Exchange.