Thomas John Muthoot is the Chairman of Muthoot Pappachan Group (MPG), and has been at the helm of the business for the past 3 decades. As the 3rd generation leader of a 134 year legacy in trading, retail and retail finance, Mr. John has been involved in the daily functioning of the business since his early days and is an alumnus of Harvard Business School. He falls back on much of this learning and experience when driving the Group into greater heights.
Muthoot Pappachan Group (MPG) consists of diverse economic activities spanning52 companies/ verticals from Retail Financial Services to Hospitality, Real Estate, Automotive, IT Services and Alternate Energy. In addition to his position in the Group, Mr. John is also the Managing Director of Muthoot FinCorp Ltd, the flagship company of MPG, registered with the Reserve Bank of India. Muthoot FinCorp (MFL) is one among the largest NBFCs in India and is the Financial Services Power House with a network of over 3,600 branches across the country.
Mr. John understands that the future and efficacy of the Group companies’ businesses lie not only in the strength of its people culture and customer centricity, but also in embracing the cutting edge technology to leverage for customer benefit. With this in mind, the Group has been partnering with and investing in new-age and technology-led start-ups with a keen eye on customer-centricity and convenience.
With over 30,000 Muthootians under his leadership, Mr. John is a strong champion of the value of human capital. He is passionate about real financial inclusion and keenly pursues the uplifting of those experiencing economic disadvantage. This passion cumulated into the formation of Muthoot FinCorp’s Purpose of “transforming the life of the common man by improving their social well-being”.
Being passionate about the betterment of humanity and introducing well-being to the masses through financial interventions, Mr. John is an industry thought-leader who is actively involved with various business platforms like CII (Chairman, CII-Kerala State Council) and Kerala Management Association, etc.
Mr. John has been recognised for his works and received several awards including “Young Hotel Entrepreneur Award 2006” (Federation of Hotel & Restaurant Associations of India) and “Business Man of the Year 2009” (Trivandrum Management Association), to name a few.