Board of Directors

Sanjiv Bajaj

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 is the President of the Confederation of Indian Industry (CII) for 2022-23. He is 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 (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.

Rajeev Jain

Rajeev Jain, (born on 06 September 1970), is the Vice Chairman and former Managing Director of our Company. At Bajaj Finance Rajeev has charted an ambitious growth path for the company. The company is at an inflexion point and owes its exponential growth from a captive finance company to a most diversified non-bank in India today

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 as a Deputy CEO of its Consumer Finance business. At AIG, he was responsible for building the strategic framework for AIG Consumer business entry in India, created a holding company and acquired two non-banking finance companies to establish a base for AIG in the Indian market.

Before that, he was with American Express where he spent more than eight years. During this period he did various roles across various products like credit cards, personal and business loans etc. At the time of leaving American Express, he was the Head of Personal and Small Business Lending in India. Rajeev is a Management graduate from T A Pai Management Institute, Manipal with a Bachelor’s Degree in Commerce.

LIST OF DIRECTORSHIPS:

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

Atul Jain

He started his career in Investment Banking and later moved to retail finance. He was at the helm of the Collections team over 11 years at BFL as Chief Collection Officer, 4 years as President- Rural Lending & Collections and 2 years as Enterprise Risk Officer for Bajaj Finance Limited.

He is an MBA in Finance and has over 30 years of rich work experience in the financial sector.

Dr. Arindam Kumar Bhattacharya

Dr. Arindam Kumar Bhattacharya, Independent Director, investor, and Senior Advisor to BCG from where he retired as Senior Partner and Managing Director. In BCG he held many leadership roles and was a co-leader and founder of Bruce Henderson Institute, BCG's thought leadership institution. He headed BCG India, leading BCG’s operations in the country for about six years. He was a member of global leadership team of the Global Advantage practice and was earlier member of the global leadership teams of Industrial Goods, Public Sector and Social Impact practices and founder and co-leader of BCG’s Global Advantage Practice. As a BCG Fellow he has focused his research on Globalization and has and 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, and numerous articles on the subject.

Starting his career with the Eicher Group in India as a graduate engineer trainee, Dr. Bhattacharya has over 30 years of experience in the industry and consulting with focus on the industrial sector. In recent years he has led the BCG's growing engagement with Central and State Governments on both economic and on social sector topics like education and health, and consulted with organizations like World Food Programme, Save the Children, Gates Foundation and World Bank.

Dr Bhattacharya is a past member of National Council of Confederation of Indian Industry and has co-chaired CII’s National Manufacturing Council. He is a member of the International Advisory Boards of Oxford India Center of Sustainable Development, Oxford University, the School of Global Policy and Strategy, University of California, San Diego, and Munjal School for Global Manufacturing at the Indian School of Business. He is on board of Lemon Tree Hotels and WISH Foundation, India’s biggest Public Health NGO.

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 N Roy

While with Government of India, he headed the operations of the elite Special Protection Group, looking after proximate security of Prime Minister, former Prime Ministers and their families, in which capacity he travelled extensively within India and overseas and interacted with the forces and governments of many foreign countries around the world.

Known popularly as the People's Commissioner, he set up many citizen-friendly schemes and systems to resolve and fulfill people's problems and expectations like Citizen Facilitation Centres in Police Commissioner's office and later in all police stations where all requirements of people from police were dealt with in a transparent, time-bound and hassle-free manner, Mumbai Police Infoline for giving all information from and about Police through a toll-free number, Elderline for senior citizens, Slum Police Panchayat, etc.

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 for supporting people at the bottom of the pyramid with livelihood.

He is on the Board of many prominent companies. 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.
• Bajaj Holdings & Investment Ltd.
• Glaxosmithkline Pharmaceuticals Ltd.
• Finolex Industries Limited

Jasmine Chaney

Ms. Jasmine Chaney is commerce graduate from Sydenham College and master’s in management studies in finance from K.J. 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.