Board Of Directors

Sanjiv Bajaj

Non-Executive Director

Sanjiv Bajaj, born on 2 November 1969, is the Non-Executive Vice- Chairman of our Company. He is 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

  • Since 20.2.2008, he is the Managing Director of Bajaj Finserv Limited. 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
  • Since 15.10.2013, he is the Vice Chairman of Bajaj Finance Limited
  • 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
     
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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)
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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.
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