Muthoot Pappachan Group names Eugene Koshy as its first Chief Purpose Officer

Muthoot Pappachan Group

Muthoot Pappachan Group (MPG), also known as Muthoot Blue, a diversified business has appointed Eugene Koshy of its first Chief Purpose Officer (CPO). This position is significant as it will ensure that the business transformation achieves accelerated growth while maintaining the Group’s vision to keep the common man at the centre of all its efforts.

Eugene Koshy, Chief Purpose Officer, Muthoot Pappachan Group

As CPO, Koshy will manage all strategic and operational matters for Promoter-Director group. He would be working with Group Chairman & Managing Director, Mr. Thomas John Muthoot, in particular.


He has been a part of MPG for last five years. He was extensively engaged on strategy and operationalising the brand transformation exercise for the Group.

He holds more than three decades of trans-continental experience and expertise across business development, operations, marketing and finance, and executing business transformation through strategy development, restructuring and cultural change based on the vision of the promoters.

 “We are progressing towards the next era of financial services with strong focus on customer preferences, products and technology. Eugene has demonstrated great leadership skills and has been instrumental in driving the brand transformation for the Group efficiently. His appointment as the Chief Purpose Officer will further strengthen our customer-centric vision and help us embark on a path of growth with purpose,” said Thomas John Muthoot, Chairman and Managing Director, Muthoot Pappachan Group.

“A company is driven by a combined impetus of vision, strategy, implementation and execution. MPG, as an organization, has always believed in empowering human ambitions and all of us are contributors towards the same. Further to our recent brand transformation, we are looking forward to exciting new times for our employees and customers, alike. I am grateful for this opportunity and intend to carry out my responsibilities with utmost dedication for the benefit and overall growth of the company,” said Eugene Koshy, Chief Purpose Officer, Muthoot Pappachan Group.

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