Mumbai, Maharashtra, India, December 2025 — Muthoot Housing Finance Company Limited (MHFCL) has announced the appointment of George Joseph Koodaly as its new Chief Business Officer, further strengthening its leadership team as it scales operations in the affordable housing finance segment. Bringing with him over two decades of experience in retail banking and mortgages, George will lead business strategy and distribution expansion, with a strong focus on balancing high growth targets with asset quality and collections, ensuring sustainable and profitable growth.
In his new mandate, George will oversee the company’s strategic business expansion and portfolio growth, leveraging his rich experience across India’s financial services ecosystem. His leadership will be instrumental in driving MHFCL’s mission of empowering underserved segments with customer-centric and high-quality housing finance solutions.
Before joining MHFCL, George served as Business Leader – LAP and Mortgage Plus at L&T Finance Limited, where he spent nearly 13 years managing retail mortgage operations, distribution, and product development across India. His efforts contributed significantly to expanding the company’s footprint and operational excellence in the secured lending domain.
Earlier, George held senior roles at IndusInd Bank as Regional Head – Mortgages, where he led loan against property (LAP) operations and customer acquisition, and at Reliance Capital | Reliance Group as City Head – Mumbai, where he managed large teams, sales strategy, and customer retention programs. His early banking experience at ICICI Bank as Branch Sales Manager saw him lead home loan business development, branch channel management, and strategic partnerships with builders and real estate agents.
Prior to entering the banking sector, George began his career in retail management, working with Trent Limited as Assistant Manager – Operations for Westside and with Style Spa Furnitures as Branch Manager, where he managed full-scale retail operations, P&L, and customer experience. His broad professional background blends leadership across retail, sales, and financial services—making him uniquely positioned to drive MHFCL’s next phase of growth.
About Muthoot Housing Finance Company Limited
Muthoot Housing Finance Company Ltd (MHFCL), a subsidiary of Muthoot Fincorp Ltd, is a housing finance company registered with the National Housing Bank. Headquartered in Mumbai, MHFCL offers innovative loan products designed to make affordable housing accessible to lower and middle-income households across semi-urban and rural India. The company is part of the Muthoot Pappachan Group, a diversified conglomerate with a presence across multiple business sectors.
Read Also : When HR “Produces Nothing”: A Response to Jennifer Sey’s Anti-HR Vision
The Fine Balance: Navigating Work, Life, and Mental Wellbeing
Mind the Leadership Gap – From Learning to Real-World Impact
How the Adecco Group is empowering its employees for the future of work
