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Shefali and Sanjiv Bajaj

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Sanjiv Bajaj – Chairman and 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.

About

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 a revenue of over ₹ 36,692 crore ($ 4.4 billion) and profit of over ₹ 2,866 crore ($ 348 million) for H1 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 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 is the President of the Confederation of Indian Industry (CII) for 2022-23. He has been engaged with the industry body for many years at the State, Regional and National levels and has led the CII National Committees on Insurance & Pensions, and the CII Taskforce on Fintech.

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 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

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.

About

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.