M. G. George Muthoot
Encyclopedia
Mathai George George Muthoot 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 also the Chairman of the Muthoot Group, one of India's biggest business houses and the Lay trustee of the Indian Orthodox Church
Indian Orthodox Church
The Malankara Orthodox Syrian Church, also known as the Indian Orthodox Church, is an autocephalous Oriental Orthodox church centred in the Indian state of Kerala. It is one of the churches of India's Saint Thomas Christian community, which traces its origins to the evangelical activity of Thomas...

. He was born to M George Muthoot, the founder chairman of the Muthoot Group. He is the third son of M George Muthoot.

Early life

M G George Muthoot was born 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....

, a small town in South Kerala. He is an engineer who graduated from Manipal Institute of Technology
Manipal Institute of Technology
The Manipal Institute of Technology is a constituent institution of the Manipal University that specializes in the fields of engineering and technology. MIT contains 16 academic departments, and awards undergraduate, graduate and doctoral degrees...

. After his graduation he joined the family business which was primarily involved in the financial sector 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....

. George is married to Sarah George, who is the principal of St. George's High School, Alaknanda, New Delhi
New Delhi
New Delhi is the capital city of India. It serves as the centre of the Government of India and the Government of the National Capital Territory of Delhi. New Delhi is situated within the metropolis of Delhi. It is one of the nine districts of Delhi Union Territory. The total area of the city is...

. George has three sons, George M George, Paul M George and Alexander George. His second son, Paul M George was killed in a road rage incident in Alapuzha, 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....

, on 21 August 2009.

Business

Muthoot became the Chairman of the Muthoot Group, in February 1993. Under his stewardship the business conglomerate grew exponentially, and is now a conglomerate with an annual turnover of Rs.14,500 crores (145 Billion) as of May 2009, and with varied interests in sectors such as 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 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...

.
He is also a member of the executive committee of the Federation of Indian Chambers of Commerce and Industry, and the Chairman of the FICCI
FICCI
The Federation of Indian Chambers of Commerce and Industry is an association of business organizations in India, headquartered in the national capital New Delhi. FICCI is one of the main organizations to fund and support many governmental and non-governmental educational institutes...

 Kerala State Council. He was awarded the Mahatma Gandhi National Award by the Mahatma Gandhi National Foundation in 2001 for his contributions to the Indian Industry. In 2008 he was awarded the 8th Marthoma Mathews Memorial Award for his contributions to the society and exceptional social services.M G George Muthoot was ranked 50th with $1.10 bn in the list of Indian billionaire by Forbes October 2011.

See also

  • Muthoot Group
  • 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....

  • 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...

  • M George Muthoot
  • George Alexander Muthoot
    George Alexander Muthoot
    George Alexander Muthoot is an Indian entrepreneur and businessman, he is currently the Managing Director of the Muthoot Group, a business conglomerate in India...

  • Indian Orthodox Church
    Indian Orthodox Church
    The Malankara Orthodox Syrian Church, also known as the Indian Orthodox Church, is an autocephalous Oriental Orthodox church centred in the Indian state of Kerala. It is one of the churches of India's Saint Thomas Christian community, which traces its origins to the evangelical activity of Thomas...

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
x
OK