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 ₹ 82,072 crore ($ 10.04 billion)* and consolidated profit after tax of over ₹ 6,417 crore ($ 0.78 billion)* for FY2022-23.
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, 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 is also 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), Allianz SE and the International Technology Advisory Panel (ITAP) of the 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 20
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 (first class 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. He lives in Pune, Maharashtra, with his wife, Shefali and their two children.