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.
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.
Sanjiv Bajaj
Member
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 Limited, 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:
• Lokmat Maharashtrian of the Year Award 2025
• 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.
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 Limited, 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:
• Lokmat Maharashtrian of the Year Award 2025
• 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.
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Anami Roy
Member
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.
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.
