Mumbai, Maharashtra, India, August 2026 — Muthoot FinCorp Limited (MFL) has announced the appointment of Ms. Sarah M. George as an Independent Director on its Board, further strengthening the Board’s expertise in audit, assurance, governance, strategy, and leadership as the company continues to strengthen its institutional capabilities.
Ms. Sarah M. George is a Chartered Accountant and qualified as a member of the Institute of Chartered Accountants of India (ICAI) in 1990. Over a professional career spanning more than 35 years, she has worked with several leading audit and assurance organisations, including S R Batliboi (an EY affiliate firm), Haribhakti & Co., and Price Waterhouse, which she joined in March 2012.
At Price Waterhouse, she held senior leadership positions including All India Assurance Markets Leader and West Region Assurance Leader and also served as Deputy Strategy Leader for the Americas and Asia Pacific region. She was elected to the India Board of the firm in December 2018, where she served until March 2023. In addition, she served as D&I Leader for the India West Region and as Chief Presiding Officer on the Internal Complaints Committee for the regulated firms.
Her experience spans Indian and multinational, listed and unlisted companies across sectors including EPC, manufacturing, chemicals, pharmaceuticals, retail, IT, consumer products, engineering, shipping, and service industries. Muthoot FinCorp believes that independent oversight, diverse professional experience, and sound governance practices are important as the institution continues to strengthen its long-term growth agenda and looks forward to Ms. George’s guidance and contribution as it continues its journey of being a Force for Good and improving the financial wellbeing of its customers.
Commenting on the appointment, Mr. Thomas John Muthoot, Chairman & Managing Director, Muthoot FinCorp Limited, said, “We are delighted to welcome Ms Sarah to the Board of Muthoot FinCorp. Her extensive professional experience, strong grounding in governance and strategic perspective will bring valuable independent insight to the Board. As Muthoot FinCorp continues to evolve and strengthen its institutional capabilities, we remain committed to building a robust governance framework that supports responsible and sustainable growth. I am confident that Sarah’s experience and independent judgement will contribute meaningfully to the Board and to the long-term direction of the Company.”
Mr. Shaji Varghese, Chief Executive Officer, Muthoot FinCorp Limited, said, “We are pleased to welcome Ms Sarah to the Board of Muthoot FinCorp. Her extensive experience in audit, assurance, governance and strategic leadership across Indian and multinational organisations will add significant depth to the Board’s deliberations. As we continue to grow, maintaining strong governance standards and effective independent oversight remains an important priority for us, and we look forward to benefiting from her experience and guidance in the journey ahead.”
Muthoot FinCorp Limited is the flagship company of the Muthoot Pappachan Group (MPG). The company aims to transform the lives of the common man by ensuring financial well-being through a diverse range of financial products and services. With a network of 3,800+ branches across India, Muthoot FinCorp has built a strong presence in semi-urban and rural markets. Its long-standing experience, customer-centric approach, and extensive reach enable it to provide quick, convenient, and customised financial solutions to millions of customers.
Muthoot Pappachan Group (MPG) is a diversified business conglomerate with a nationwide presence and a portfolio of customer-centric products and services. The Group operates across Financial Services, Hospitality, Automotive, Realty, IT Services, Precious Metals, and Alternate Energy. With Muthoot FinCorp Limited as its flagship company and Bollywood icon Shah Rukh Khan as its brand ambassador, MPG has established itself as one of India’s leading diversified business groups.
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