Kochi, September 8, 2026: Muthoot MCred Limited, one of India’s trusted gold loan NBFCs, today announced the appointment of Dr. George Paul as Internal Ombudsman and Mr. Vigneshwaran Subramanian, ACMA, as Chief Risk Officer (CRO), further strengthening the company’s focus on customer grievance redressal, risk management and governance. Dr. George Paul brings over three decades of experience across banking, international finance, foreign exchange, trade finance and compliance. He previously served as Vice President in the Treasury Department at ESAF Small Finance Bank and headed the International Banking Division at South Indian Bank. A Fellow of the Indian Institute of Bankers and a Ph.D. in International Finance, Dr. Paul will play a key role in strengthening customer grievance redressal and enhancing customer trust.
Vigneshwaran Subramanian, ACMA, brings extensive experience in credit governance, enterprise risk management and regulatory compliance. He previously served as Head of Credit at Asirvad Microfinance and has held leadership roles in risk management and governance. With these appointments, Muthoot MCred aims to further strengthen its professional management framework, regulatory preparedness and institutional capabilities as it continues its growth journey.
About Muthoot MCred Ltd.
Muthoot MCred Ltd. (formerly Muthoottu Mini Financiers Ltd.) is one of India’s fastest-growing Non-Banking Financial Companies (NBFCs), specialising in small-ticket, secured gold loans for underserved and first-time borrowers. With a legacy of trust spanning over a century and a modern professional management structure, the Company operates over 1,000 branches across India and employs over 6,000 employees. It is known for its disciplined governance, strong balance sheet, and commitment to financial inclusion.
