Overview

Gender

male

Sanjiv Bajaj is the Chairman and Managing Director of Bajaj Finserv Limited, the holding group company for all the financial service businesses of the Bajaj Group, which is one of the oldest and largest conglomerates of India. Bajaj Finserv consisting of lending and insurance companies has annual revenues of over $ 9.18 billion for FY22.

Under his leadership, Bajaj Finserv has emerged as one of India’s leading diversified financial services companies with solutions across lending, life insurance, general insurance, and wealth advisory category. With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, Sanjiv is known for pioneering digital consumer financing in India which helped transform the entire landscape of the financial services space.

He is the President of the Confederation of Indian Industry (CII) for 2022-23. Sanjiv has been engaged with CII for many years at the State, Regional and National level. He was the President-Designate of CII for 2021-22 and the Chairman of the Western Region during 2019-20. He has led CII National Committees on Insurance & Pensions and CII Taskforce on Fintech. He is an alumnus of the Harvard Business School, USA and a Member of the Board of Indian School of Business (ISB), Member of the International Advisory Board (IAB), Allianz SE and the International Technology Advisory Panel (ITAP) of Monetary Authority of Singapore (MAS) and Regional Stewardship Board for India and South Asia 2019-2020 of the World Economic Forum. He has several awards to his credit including AIMA’s Managing India Award’s Entrepreneur of the year 2019, ET’s Business Leader of the year 2018, Financial Express’ Best Banker of the year 2017-18, Ernst & Young’s Entrepreneur of the year in 2017 and Transformational Leader award at the 5th Asia Business Responsibility Summit in 2017. He is also a recipient of the Business World’s Most Valuable CEOs in India for 2015 & 2016.

Sanjiv is on the board of his group operating companies as the Chairman of Bajaj Finance Ltd., Maharashtra Scooters Ltd., Bajaj Finserv Asset Management Limited and the two insurance subsidiaries i.e. Bajaj Allianz Life Insurance Company Ltd., and Bajaj Allianz General Insurance Company Ltd. Since 2012, he is the Managing Director of Bajaj Holdings & Investment Ltd. He is the former Executive Director of Bajaj Auto Ltd., and presently its non-executive director.

Sanjiv 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 a 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, with his wife Shefali and their two children.