Muthoottu Mini Financiers Ltd elevates Mr P.E Mathai as its CEO
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Kochi, 18 January 2021: Muthoottu Mini Financiers Ltd, Non-Banking Finance Companies (NBFC) in
India, announced that Mr P.E Mathai, former Chief Operating Officer (COO) of the company, has
now been elevated as the Chief Executive Officer (CEO). The leadership commenced from January 1,
2021.
Mr P.E Mathai said “I am truly honoured to take up this new role. This is a company that has stood
the test of time by evolving its business strategies and offering to meet changing consumer
demands, and I am looking forward to building on its legacy. It is my privilege to be part of the
Muthoottu Mathew Group. Even amidst the pandemic, the company has shown reasonable growth.
The company’s business reports around 21 percent growth in its AUM along with a surge in its profit
by 44 percent in the last financial year. It gives me immense pleasure to say that we are achieving
success against all odds”.
Before joining Muthoottu Mini Financiers Ltd, Mr P. E Mathai held the position of CEO in Muthoot
Precious Metals Corporation and as general manager with Muthoot Finance Limited. He has also
served the South Indian Bank as General Manager.
