Board of Directors

Sanjiv Bajaj is the 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 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 Bajaj Finance Limited, 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), a member of the International Advisory Board (IAB) of Allianz SE, 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.

Rajiv Bajaj is the Managing Director of Bajaj Auto Limited, an Indian multinational automotive manufacturing company based in Pune.

Born on December 21, 1966, Rajiv is the elder son of Rahul and Rupa Bajaj. He graduated with a distinction in Mechanical Engineering from the University of Pune in 1988. In 1991, he earned a Master’s degree in Manufacturing Systems Engineering from the University of Warwick.

He has worked at Bajaj Auto in the departments of Manufacturing, Supply Chain (1990-1995), R&D and Engineering (1995-2000), and Marketing and Sales (2000-2005). Since March 5, 2002, he has been on the board of Bajaj Auto Limited, and from 2005, he has been serving as the company’s Managing Director. For his business leadership, entrepreneurship, and innovation, he has received numerous honours and accolades from prestigious bodies and institutions.

With Bajaj Auto Limited, his dream of being one of the top manufacturers of motorcycles and small commercial vehicles in the world is taking shape.

Dr. Naushad Forbes serves as an Independent Director at Bajaj Finserv Limited. He earned his undergraduate, postgraduate, and Ph.D. degrees from Stanford University.

Dr. Forbes is the Co-Chairman of Forbes Marshall, India’s leading team engineering and control instrumentation firm. He also chairs the steam engineering companies within the Group.

From 1987-2004, Dr. Forbes served as a consulting professor at Stanford University, where he developed courses on technology in newly industrialising countries. Additionally, he serves on the boards of various educational institutions and publicly listed companies.

The National Committees on Higher Education, Innovation, Technology, and International Business were presided over by Dr. Forbes, who has been an active member of CII for a long time. Dr. Forbes was President of CII from 2016-2017.

A N Roy (born on 15 May,1950) is a distinguished former civil servant, having served in the Indian Police Service in Maharashtra and Govt of India for over 38 years. He held a wide variety of assignments both in Maharashtra and under the Central government including Commissioner of Police, Aurangabad, Pune and Mumbai. He retired as Director General of Police, Maharashtra.

While in service, he headed the operations of the elite Special Protection Group, looking after the proximate security of the Prime Minister, former PMs and their families. Known popularly as the ‘People's Commissioner’, he set up many citizen-friendly schemes and systems to resolve and fulfil people's problems and expectations like Citizen Facilitation Centres, Mumbai Police Infoline, Elderline, Slum Police Panchayat etc.

He was appointed Advisor to the Governor of Andhra Pradesh when the state was under President's rule in 2014. In that capacity, he discharged the responsibilities as a Minister of many departments of the state like Home, Industry and Commerce, Housing, PWD, Health, Medical Education, Social Welfare. He also dealt with the separation of Andhra Pradesh into two states, Andhra Pradesh and Telangana, and supervised the General Elections of 2014 in both states.

Post-retirement, Roy is engaged in the social/non-profit sector. He runs a not-for-profit company, Vandana Foundation, to support the livelihoods of the poorest of poor in urban and rural areas.

He is on the Board of Directors of GSK India, Bajaj Finserv, Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance, Bajaj Housing Finance and Finolex Industries. He is on the India advisory boards of Encore Capital Group of USA and TrueNorth Private Equity Fund.

Radhika Haribhakti is an Independent Director at Bajaj Finserv Limited. Radhika Haribhakti has over 30 years of experience in commercial and investment banking, working with Bank of America, JM Morgan Stanley, and DSP Merrill Lynch. She has advised several giant corporates and led their equity and debt offerings in domestic and international capital markets. She currently provides advisory services at RH Financial but primarily serves as an Independent Director on multiple corporate boards.

She serves on the Boards of Directors of several companies, including ICRA Limited, EIH Associated Hotels Limited, Navin Fluorine International Limited, Pipeline Infrastructure Limited, Rain Industries Limited, and Torrent Power Limited. She is a member of several board committees at these companies, some of which she chairs.

Radhika Haribhakti has been closely associated with women empowerment and financial inclusion and has over 18 years of experience serving on non-profit boards, including 12 years as chairperson. She is the former Chair of Friends of Women’s World Banking (FWWB) and Swadhaar FinAccess, two non-profits engaged in providing financial solutions to women in economically disadvantaged communities. She also previously served on the Governing Council of Citigroup Micro Enterprise Award and CII’s National Committee on Women Empowerment.

Radhika Haribhakti has a graduation degree in Commerce from Gujarat University. She is also a postgraduate in management from IIM Ahmedabad.

Pramit Jhaveri is an Independent Director at Bajaj Finserv Limited. Currently, he serves as an advisor and mentor to startups, corporates, and family offices. He is an advisor at Premji Invest and Senior Advisor at PJT Partners. Before his current role, Pramit served as the Vice-Chairman - Banking for Citi, Asia Pacific. From 2010-2019, he held the position of Citibank India’s CEO. He joined Citibank in 1987 as a 23-year-old and retired from the company in November 2019 after a stellar 32-year career in banking.

Pramit serves as a Trustee on the boards of several philanthropic, non-profit entities in India. These include the Tata Trust, one of India’s oldest and most prestigious philanthropic institutions, Pratham Education Foundation, an NGO dedicated to the quality education of underprivileged children, India Foundation for the Arts, a grant-making organisation supporting practice, research, and education in the arts, and the World Monuments Fund India, an organisation involved in conserving and preserving India’s architectural heritage.

Pramit has a Bachelor of Commerce degree from Sydenham College, Mumbai University, and an MBA from the Simon School of Business, University of Rochester. He is an avid tennis player, a keen follower of cricket and soccer, and a long-standing collector of Indian contemporary art.

Manish Kejriwal is a Director at Bajaj Finserv Limited. He serves as the Managing Partner of Kedaara Capital, a private equity investment fund focused on India. The firm’s investors include endowments, private and public pension funds, sovereign wealth funds, and global family offices.

Manish received an A.B. from Dartmouth College, where he graduated Magna Cum Laude with a Major in Economics and Engineering Sciences and received the Dean’s Plate. He completed his MBA from Harvard University with high distinction as a Baker Scholar.

Early in 2004, Manish established the Temasek Holdings (Private) Limited. India office, where he headed all its investments and other operations till September 2011. Manish brings over 15 years of experience, encompassing the complete cycle of private equity experiences across various industries and sectors in private and public companies and other private equity funds.

Before Temasek, Manish was a Partner at McKinsey & Company, Inc. and was part of their New York, Cleveland, and Mumbai offices. Before McKinsey, Manish worked at the World Bank in Washington D.C., and Goldman Sachs (Principal Investment/Corporate Finance) in Hong Kong. Over the years, he has been on the boards of various portfolio companies, including Temasek Holdings Advisors India, Punj Lloyd, Bharti Infratel, Fullerton Financial Holdings, and Fullerton India Credit Company.

Manish is also a member of the Alternative Investments Policy Advisory Committee, constituted by the Securities & Exchange Board of India (SEBI).