Director of Bajaj Finserv Limited, the holding company of the financial services businesses of the Bajaj Group, one of India’s oldest and largest conglomerates, with consolidated revenue of over ₹ 1,10,383 crore ($ 13.30 billion) and consolidated profit after tax of over ₹ 8,148 crore ($982 million) for FY2023-24.
Under his leadership, Bajaj Finserv Limited has emerged as one of India’s leading diversified financial services companies with solutions across lending, life insurance, general insurance and investments. With a consumer-first, digital approach and a culture focused on innovation, he has reshaped digital consumer financing in India.
Sanjiv is on the board of his group operating companies as the Chairman of Maharashtra Scooters Limited, Bajaj Finserv Asset Management, Bajaj Housing Finance Limited and the two insurance subsidiaries, i.e., Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited. He is also the Managing Director of Bajaj Holdings & Investment Limited (since 2012) and serves as a non-executive director at Bajaj Auto Limited.
Sanjiv was the President of the Confederation of Indian Industry (CII), FY 2022-23. He was a member of the Steering Committee appointed by the Government of India for B20 as part of India’s G20 Presidency FY 2022-23.
Sanjiv is an alumnus of the Harvard Business School, USA. He is a member of the Board of the Indian School of Business (ISB) and the Regional Stewardship Board for India and South Asia 2019-2020 of the World Economic Forum. Over the years, he has received several prestigious honours for his contribution to the financial services space, including:
AIMA-JRD Tata Corporate Leadership Award for the Year 2023
The Lakshmipat Singhania IIM Lucknow National Leadership Award, 2023, received from the Hon’ble President of India Smt. Droupadi Murmu
AIMA’s Transformational Business Leader 2023
AIMA’s Entrepreneur of the year 2019
Economic Times Business Leader of the year 2018
Financial Express Best Banker of the year 2017
Ernst & Young Entrepreneur of the year in 2017
Transformational Leader award at the 5th Asia Business Responsibility Summit in 2017
Business World’s Most Valuable CEOs in India for 2015 and 2016
Sanjiv has a Bachelor’s degree in Mechanical Engineering from the University of Pune, a Master’s degree in Manufacturing Systems Engineering from the University of Warwick, UK, and a Master’s degree in Business Administration from the Harvard Business School, USA. He lives in Pune, Maharashtra, with his wife, Shefali and their two children.
His directorships and other full-time positions in bodies corporates are as follows:
1. Bajaj Finserv Limited
2. Bajaj Holdings & Investment Limited
3. Maharashtra Scooters Limited
4. Bajaj Housing Finance Limited
5. Bajaj Auto Limited
6. Bajaj Allianz General Insurance Company Limited
7. Bajaj Allianz Life Insurance Company Limited
8. Bajaj Finserv Asset Management Limited
9. Bajaj Auto Holdings Limited
10. Bachhraj & Company Private Limited
11. Bachhraj Factories Private Limited
12. Bajaj Sevashram Private Limited
13. Kamalnayan Investment & Trading Pvt. Limited
14. Rupa Equities Private Limited
15. Sanraj Nayan Investments Private Limited
16. Jamnalal Sons Private Limited
17. Rahul Securities Pvt. Limited
18. Mahakalpa Arogya Pratisthan
19. Indian School of Business
20. Bhoopati Shikshan Pratisthan