Kochi, March 12, 2024: Muthoottu Mini Financiers Ltd, one of the country’s leading NBFCs, is proud to announce that P.E. Mathai, Chief Executive Officer (CEO) of Muthoottu Mini Financiers, has been awarded the Best CEO in the Banking, Financial Services, and Insurance (BFSI) category at the Indian Leadership Summit and Awards by The Business Fame. This recognition highlights Mr. Mathai’s leadership, vision, and contributions to the financial sector.
This acknowledgment as the Best CEO in BFSI reflects Mr Mathai’s strategic leadership at Muthoottu Mini Financiers. Under his guidance, the company has achieved significant milestones, including 103% QoQ profit growth in Q1 of this financial year, expanding to 900+ branches of Muthoottu Mini Financiers nationwide, and working towards having 1000 branches nation-wide by the end of 2024. Mathai’s commitment to financial stability is reflected in the company’s CARE rating improvement, rising from BBB- in 2019 to a commendable A- in 2022. The company has registered a cumulative Asset Under Management (AUM) growth of 100% over the past four years – averaging 25% per year.
When the pandemic struck, Mr. Mathai emerged as a steadfast captain, guiding Muthoottu Mini through uncharted waters. Branch networks expanded, diverse product offerings emerged, and the organization’s commitment to financial lifelines remained unwavering. Together with Muthoottu Mini’s other leaders, Mr. Mathai spearheads the ambitious goal of growing AUM to INR 7,000 crores by 2027. A key facet of Mr. Mathai’s leadership is the drive at Muthoottu Mini to go ‘digital’, aligning with the digitization of the gold loan segment to reach those in need across the country.
Expressing his gratitude, Mr. P.E. Mathai, CEO, Muthoottu Mini Financiers, said, “I am humbled and grateful to receive the Best CEO Award in BFSI sector at The Business Fame’s Indian Leadership Summit and Awards. This recognition is a testament to the efforts of the entire team working hard at Muthoottu Mini Financiers to make common people achieve their dreams through our high-quality financial service products. We remain committed to innovation, customer satisfaction, and sustained growth in the sector.”
The Business Fame’s Indian Leadership Awards and Summit is a platform that acknowledges leaders and organizations across diverse industries in India. The awards recognize individuals and entities that have set benchmarks for success and made contributions to the country’s economic development.
The award ceremony brought together leaders from various sectors to acknowledge individuals who have demonstrated commitment and impact in their fields.
Disclaimer
The information contained in this website is for general information purposes only. The information is provided by TodayIndia.news and while we endeavour to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.
In no event will we be liable for any loss or damage including without limitation, indirect or consequential loss or damage, or any loss or damage whatsoever arising from loss of data or profits arising out of, or in connection with, the use of this website.
Through this website you are able to link to other websites which are not under the control of TodayIndia.news We have no control over the nature, content and availability of those sites. The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.
Every effort is made to keep the website up and running smoothly. However, TodayIndia.news takes no responsibility for, and will not be liable for, the website being temporarily unavailable due to technical issues beyond our control.
For any legal details or query please visit original source link given with news or click on Go to Source.
Our translation service aims to offer the most accurate translation possible and we rarely experience any issues with news post. However, as the translation is carried out by third part tool there is a possibility for error to cause the occasional inaccuracy. We therefore require you to accept this disclaimer before confirming any translation news with us.
If you are not willing to accept this disclaimer then we recommend reading news post in its original language.
