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Shaji Varghese

Chief Executive Officer (CEO)

Shaji Varghese is the Chief Executive Officer (CEO) of Muthoot Fincorp Ltd ( MFL), the flagship company of Muthoot Pappachan Group (MPG), which has a business history of 134 years.

Shaji Varghese holds a Bachelor’s Degree in Law and Master’s Degree in Management Science with specialization in Finance and Marketing from University of Pune and has done Management Development Program on Strategic Management from Harvard University.

Shaji Varghese has over 25 years of experience in banking and financial sector and held the responsibilities of President – Housing Finance at Cholamandalam Investment and Finance Company Ltd ( Chola Finance) prior to joining MFL and in the past as Executive Director and Business Head, at PNB Housing Finance Ltd and Business Head – Secured Assets at IndusInd Bank. He also held the responsibility as member of Board of Directors at Cholamandalam Home Finance Ltd, Pehel Foundation, a CSR foundation of PNB Housing and also as Chairman of the board of PHFL Home Loans and Services Ltd., a fully owned subsidiary of PNB Housing, prior to the current assignment at Muthoot Fin Corp Ltd. He comes with extensive experience of branch banking and liabilities business addition to the lending business.

He has been an integral contributor in setting up large successful businesses across geographies and managing high performance teams. His forte is building and managing sustainable and profitable businesses.

The Purpose of Shaji’s professional career and the purpose of Muthoot FinCrop, which is “To transform the life of common man by improving their financial well-being” are well aligned.

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