Muthoot FinCorp names Arun Kumar B as COO, Harjit Singh Takkar as CDO
Before joining Muthoot FinCorp, Arun Kumar B was with CreditAccess Grameen. Harjit Singh Takkar has previously worked with IndusInd Bank, Bandhan Bank, Yes Bank and ICICI Bank
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Published: Feb 25, 2026 12:58 PM | 2 min read
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Muthoot FinCorp (MFL) recently appointed Arun Kumar B as Chief Operating Officer (COO) and Harjit Singh Takkar as Chief Distribution Officer (CDO).
Arun Kumar B, Chief Operating Officer at Muthoot FinCorp, brings close to two decades of experience across financial services, technology transformation, strategy, product management, customer analytics, and operations. He has a proven track record of scaling tech-enabled microfinance operations, driving product innovation, and re-engineering business processes to improve efficiency and impact.
Prior to joining Muthoot FinCorp, Arun was with CreditAccess Grameen, where he led enterprise-level technology transformations and data strategy initiatives. He played a pivotal role in integrating operations, products, and technology during a major merger in the microfinance sector. He also helped build and scale individual lending products as well as non-credit offerings including insurance and pension products.
Harjit Singh Takkar joins Muthoot FinCorp as Chief Distribution Officer; a newly created leadership role aimed at strengthening the company’s distribution engine and enabling faster decision-making and stronger governance across the network. He will report directly to the Chief Executive Officer.
Takkar brings over 28 years of experience in retail banking and distribution, with a strong track record in building and transforming large-scale branch banking ecosystems, scaling branch networks, strengthening savings and asset portfolios, and building high-performing, customer-first teams.
He has held leadership roles at IndusInd Bank, Bandhan Bank, Yes Bank, and ICICI Bank, consistently delivering growth through execution excellence, people leadership, and trusted banking practices.
At Muthoot FinCorp, he will lead branch business and distribution channels, focusing on expanding reach, improving productivity, and strengthening the company’s distribution network as it enters its next phase of growth.
Commenting on the appointments, Shaji Varghese, Chief Executive Officer of Muthoot FinCorp Ltd., said, “As an organisation, we continue to invest in leadership capabilities as we scale our operations. Our purpose is to improve the financial well-being of the common man. As we grow, strengthening leadership across key functions is important to ensure consistency in execution and customer experience,” he said.
Shaji further added, “the two appointments bring complementary strengths in operations and distribution, which will support the company’s next phase of growth.
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