Board of Directors

Sanjiv Bajaj is the Chairman of Bajaj Housing Finance Limited, Chairman of Bajaj Finance Limited and Chairman and Managing 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 9M consolidated revenue of over ₹ 58,447 crore ($ 7.14 billion)* and consolidated profit after tax of over ₹ 4,648 crore ($ 568 million)* for FY2022-23.

*US$ considered at INR 81.82 as on December 31, 2022.

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 wealth advisory categories. With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, he has reshaped digital consumer financing in India.

Sanjiv is on the board of his group operating companies as the Chairman of Bajaj Finance Limited, Bajaj Housing Finance Limited, Maharashtra Scooters Limited, Bajaj Finserv Asset Management Company 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 and 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) for 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. A Member of the Board of the Indian School of Business (ISB), a Member of the International Advisory Board (IAB), Allianz SE and the International Technology Advisory Panel (ITAP) of Monetary Authority of Singapore (MAS) and the Regional Stewardship Board for India and South Asia 2019-2020 of the World Economic Forum. Over the years, he has been lauded with several prestigious honours for his contribution to the financial services space, including:

• AIMA’s Transformational Business Leader
• 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

He has a bachelor’s degree in mechanical engineering (with distinction) from the University of Pune, a master’s degree in manufacturing systems engineering (with distinction) from the University of Warwick, UK and a master’s degree in business administration (with distinction) from the Harvard Business School, USA.

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.

Before that, he was with American Express. He has several years of experience in managing credit cards, personal, and business loans, etc.

Rajeev is a Management graduate from T A Pai Management Institute, Manipal.

LIST OF DIRECTORSHIPS:

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

Atul Jain was appointed as the Managing Director of Bajaj Housing Finance Limited w.e.f. 1 May 2022. He was with Bajaj Finance Limited (BFL) for over 16 years prior to moving as CEO of Bajaj Housing Finance Ltd (BHFL) in April 2018. He has been instrumental in shaping the organisation to deliver multi-fold asset growth over the past 4 years coupled with a risk-averse approach and helped the organisation to navigate seamlessly through major industry crisis over the past two years.

He started his career in Investment Banking and later moved to retail finance. He was associated with Bajaj Finance Limited as an enterprise risk officer, where he was involved in risk and debt management.

He is a management graduate with over 24 years of work experience in the financial sector.

Dr. Arindam Kumar Bhattacharya, Independent Director, investor, and Senior Advisor to BCG. He has authored two books Globality– Competing with Everyone from Everywhere for Everything, and Beyond Great – Nine Strategies for Thriving in an Era of Social Tension, Economic Nationalism and Technological Revolution.

He is on the board of Bajaj Finance Limited and Fleur Hotels Private Limited.

Dr. Bhattacharya was educated at the Indian Institute of Technology, Kharagpur, Indian Institute of Management, Ahmedabad, and Warwick Manufacturing Group, University of Warwick, UK where he completed his MSc in Manufacturing Systems and Doctorate of Engineering.

Anami is a former Director General of Police and Police Commissioner of Mumbai, having served in the Indian Police Service in Maharashtra and Government of India for over 38 years.

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.

He is on the Board of companies such as Bajaj Finserv Limited, Bajaj Finance Limited, GlaxoSmithKline Pharmaceuticals Limited, Siemens Limited, and Bajaj Auto Limited. 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.
• Glaxosmithkline Pharmaceuticals Ltd.
• Finolex Industries Limited

Ms. Jasmine Chaney is commerce graduate from Sydenham College and master’s in management studies in finance from Somaiya Institute of Management Studies and Research, Mumbai University. She possesses almost three decades of work experience with CRISIL Limited (now CRISIL Ratings Limited) working on the analytical and business development side.

S M Narasimha Swamy is an Independent Director of our Company. He holds a bachelor’s degree in commerce and a master’s degree in commerce, each from Sri Venkateswara University, Tirupati. He has passed the Associate Examination of the Indian Institute of Bankers (now known as Indian Institute of Banking and Finance) (“IIB”) and is a certified associate of IIB. He was a former regional director of the RBI where he had served in various capacities for 33 years, including in managerial roles and with Department of Supervision for 11 years. He joined RBI as a Direct Recruit Officer in Grade ‘B’ (Manager) in 1990 and rose to the rank of Principal Chief General Manager and retired as Regional Director from Chennai office in 2023. He has experience in currency management, supervision over Non-Banking Financial Companies and has served in banking supervision at the central office of RBI, Mumbai.