Board Of Directors

Sanjiv Bajaj

Chairman

Sanjiv Bajaj, (born on 02 November 1969), is a Non-Executive Chairman of our Company. He has B.E. (Mech), first class with distinction from the University of Pune, M.Sc (Manufacturing Systems Engg) with distinction from the University of Warwick, UK and MBA from Harvard Business School, USA. Read more

  • Chairman and MD Bajaj Finsserv: Bajaj Finserv operates in the insurance business through Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited, as well as in the lending business through Bajaj Finance Limited. His role includes guiding the current businesses and building new ones in the financial services space. He has been Managing Director since 2008 and recently in 2020 has also become Chairman.
  • Chairman of Bajaj Allianz Life Insurance Company and Bajaj Allianz General Insurance Company with effect from 01-04-2013. Was a Non-Executive Director of these two companies from their inception in 2001 up to 31 March 2013.
  • Managing Director of Bajaj Holdings & Investment Limited with effect from 01-04-2012 (earlier its Non-Executive Director). Role includes building the strategy and team, and guiding this investment company, which has almost Rs. 60,000 crore in cash and investments including over 30% stake in Bajaj Auto and around 40% in Bajaj Finserv
  • Non-Executive Director of Bajaj Auto Limited

Memberships:

  • International Advisory Board (IAB), Allianz SE
  • International Technology Advisory Panel (ITAP) of Monetary Authority of Singapore (MAS). 
  • Sanjiv Bajaj was elected as Chairman of Western Region of CII (Confederation of Indian Industry
  • Member of the Insurance Advisory Committee of IRDAI since Aug 2019
  • Member of Regional Stewardship Board for India and South Asia 2019-2020 of World Economic Forum

Awards:

  • Financial Express Best banks Award: Banker of the year 2019
  • All India Management Association (AIMA) Managing India Awards – Entrepreneur of the Year award 2019
  • Economic Times – Business Leader of the year India 2018, the most prestigious business awards in india. 
  • Asian Centre’s Leadership, Corporate Governance, Sustainability & CSR Awards - Transformational Leader Award (Large Cap Category) 2018
  • Ernst & Young - EY Entrepreneur of the Year, India 2017
  • India Today – Top 50 Power List 2017-18
  • Bombay Management Association (BMA) - Entrepreneur of the Year Award 2015-16
  • Business World - India’s Most Valuable CEOs in 2015 & 2016

 

His major directorships are as under:

  • Bajaj Allianz General Insurance Company Limited
  • Bajaj Allianz Life Insurance Company Limited
  • Bajaj Auto Limited
  • Bajaj Auto Holdings Limited
  • Bajaj Finserv Limited
  • Bajaj Finance Limited
  • Bajaj Holdings & Investment Limited
  • Maharashtra Scooters Limited
Less

Rajeev Jain

Managing Director

Rajeev Jain, (born on 06 September 1970), is the Managing Director of our Company. At Bajaj Finance Rajeev has charted an ambitious growth path for the company. The company is at an inflexion point and owes its exponential growth from a captive finance company to a most diversified non-bank in India today Read more

The cumulative experience at GE, American Express and AIG has helped him change the course of the company and put it on a high growth path. Rajeev was earlier with American International Group as a Deputy CEO of its Consumer Finance business. At AIG, he was responsible for building the strategic framework for AIG Consumer business entry in India, created a holding company and acquired two non-banking finance companies to establish a base for AIG in the Indian market. 

Before that, he was with American Express where he spent more than eight years. During this period he did various roles across various products like credit cards, personal and business loans etc. At the time of leaving American Express, he was the Head of Personal and Small Business Lending in India. Rajeev is a Management graduate from T A Pai Management Institute, Manipal with a Bachelor’s Degree in Commerce.

LIST OF DIRECTORSHIPS:

  • Bajaj Finance Limited
  • Bajaj Housing Finance Limited (Formerly Bajaj Financial Solutions Limited)
Less

Ms. Lila Poonawalla

Non-Executive Independent Director

Ms. Lila Poonawalla, (born on 16 September 1944), is a Non-Executive Independent Director of our Company. She has obtained a Bachelor’s degree in Mechanical Engineering from Pune university in 1967 and an Advanced Marketing and Management program at IMDR Lausanne Switzerland in 1988. Ms. Lila Poonawalla is the Chairperson of Lila Poonawalla Foundation. Read more

AWARDS:

  • Recipient of the prestigious Padmashree, in 1989, by the Indian Government,
  • Recipient of International recognition from the King of Sweden in 2003, with the Polar Star Award and named as the Officer of the Royal Order.

PRESENT MEMBERSHIPS:

  • Swedish Chamber of Commerce and Industry - Director
  • Member of Pune Citizens' Police Foundation
  • Executive Council Member – MCCI
  • Top Management Consortium – Executive Council Member
  • Poona Blind Men's Association - Vice Chairperson
  • Chairperson Emeritus QCFI Maharashtra Chapter.
Less

Omkar Goswami

Independent Director

Omkar Goswami, born on 29 August 1956, is a Non-Executive and Independent Director of our Company. He has taught and researched economics for 18 years at Oxford, Delhi School of Economics, Harvard, Tufts University, Jawaharlal Nehru University, Rutgers University and the Indian Statistical Institute, New Delhi. Served on several government committees including as Chairman of the Committee on Industrial Sickness and Corporate Re-structuring and as member of the Working Group on the Companies Act; the CII Committee on Corporate Governance; the Rakesh Mohan Committee on Railway Infrastructure Reform; the Vijay Kelkar Committee on Direct Tax Reforms; the Naresh Chandra Committee on Auditor-Company Relationship; the N.R. Narayana Murthy SEBI Committee on Corporate Governance Reforms, among others. Read more

Been a consultant to the World Bank, the International Monetary Fund, the Asian Development Bank and the Organization for Economic Co-operation Development. He has been the Chief Economist of Confederation of Indian Industry.

Author of various research papers and books on economic history, industrial economics, public sector, bankruptcy laws and procedures, economic policy, corporate finance, corporate governance, public finance, tax enforcement and legal reforms. Also write columns for newspapers and magazines and was the editor of Business India magazine.

His major directorships are as under:

  • Ambuja Cements Ltd.
  • Bajaj Auto Ltd.
  • Bajaj Finance Ltd.
  • Godrej Consumer Products Ltd.
Less

Ms. Anami N Roy

Independent Director

Anami N Roy, born on 15 May 1950, is a Non-Executive and Independent Director of our Company. He is a distinguished former Director General of Police, having served in the Indian Police Service in Maharashtra and with the Government of India for over 38 years. He held a variety of assignments both in Maharashtra and with the Central Government including Commissioner of Police, Aurangabad, Pune and Mumbai and retired as Director General of Police, Maharashtra, commanding a 225,000 strong force. Read more

While with Government of India, he headed the operations of the elite Special Protection Group, looking after proximate security of Prime Minister, former Prime Ministers and their families, in which capacity he travelled extensively within India and overseas and interacted with the forces and governments of many foreign countries around the world.

Known popularly as the People's Commissioner, he set up many citizen-friendly schemes and systems to resolve and fulfill people's problems and expectations like Citizen Facilitation Centres in Police Commissioner's office and later in all police stations where all requirements of people from police were dealt with in a transparent, time-bound and hassle-free manner, Mumbai Police Infoline for giving all information from and about Police through a toll-free number, Elderline for senior citizens, Slum Police Panchayat, etc.

He was appointed as an Advisor to the Governor of Andhra Pradesh when the state was under President's rule in 2014. He also dealt with the separation of Andhra-Pradesh in two states - Andhra Pradesh and Telangana and supervised the General Elections of 2014 in both states.

Post retirement, has been engaged in the social/non-profit sector. He runs a not-for-profit company Vandana Foundation under section 8 of the Companies Act, 2013 for supporting people at the bottom of the pyramid with livelihood.

He is on the Board of many prominent companies. He is also involved in many other companies in advisory capacity. He brings with him a wide and rich experience of public service, functioning of governments at the state and central level.

His major directorships are as under:

  • Bajaj Auto Ltd.
  • Bajaj Finance Ltd.
  • Bajaj Finserv Ltd.
  • Bajaj Holdings & Investment Ltd.
  • Glaxosmithkline Pharmaceuticals Ltd.
  • Finolex Industries Limited
Less