Shefali and Sanjiv Bajaj

Sanjiv Bajaj – Managing Director, Bajaj Finserv Limited

Sanjiv Bajaj, the younger son of Rahul Bajaj, was born on November 2, 1969. He completed his Bachelors in Mechanical Engineering from the University of Pune and his M.Sc. (Manufacturing Systems Engineering) with distinction from the University of Warwick, UK. He also did his MBA from Harvard Business School, USA.


In 1994, Sanjiv began his career in Bajaj Auto Limited, where he went on to become the Executive Director until 31 March 2012. During his years at Bajaj Auto, Sanjiv dabbled in various roles which included heading Finance & Control, legal & international business functions. Sanjiv is currently serving as the Non-Executive Director of Bajaj Auto.

After the demerger of Bajaj Auto in 2007, Sanjiv Bajaj took charge as the Managing Director of Bajaj Finserv Limited. Sanjiv transformed Bajaj Finserv into a diversified financial services company operating across lending, general and life insurance. The years 2012 – 2013 saw Sanjiv take on additional roles like Chairman of Bajaj Allianz Life Insurance and Bajaj Alliance General Insurance, Vice Chairman of Bajaj Finance Limited, and Managing Director of Bajaj Holdings & Investment Limited. As MD of Bajaj Holdings and Investment Limited, Sanjiv built and guided the Investment Company’s strategy and team to reach its current status of almost Rs.40,000 crore in cash and investments including over 30% stake in Bajaj Auto and around 40% in Bajaj Finserv.

Sanjiv Bajaj is also the Deputy Chairman of Confederation of Indian Industry (CII) Western Region Council for the year FY 2018-19. He is also elected as chairman of CII, Western Region for 2019-20.

Shefali Bajaj

Shefali Bajaj has a bachelors in economics and commerce from St. Xavier’s College Mumbai and a Masters in Business Administration from Switzerland. She is a housewife and a full time mother by choice. Shefali is an ardent sports enthusiast.


Shefali is on the Managing Committee of the Empress Garden in Pune. The garden is visited by millions of people every year and the committee strives to keep the garden a certain standard for the residents of Pune to enjoy. She has recently joined the CSR committee of Bajaj Finance and Bajaj Finserv and is involved in helping with children welfare, health and education.