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Bajaj Auto Ltd (BAJA.NS)

BAJA.NS on National Stock Exchange of India

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Summary

Name Age Since Current Position

Rahulkumar Bajaj

82 2020 Non-Executive Chairman of the Board

Rajivnayan Bajaj

53 2020 Chief Executive Officer, Managing Director, Executive Director

Madhurkumar Bajaj

67 2017 Non-Executive Vice Chairman of the Board

Soumen Ray

46 2020 Chief Financial Officer

Kevin D'Sa

66 2020 President - Retail Finance

K. Grihapathy

2020 President - Export Business

Sarang Kanade

2018 President - Motorcycle Business

R. Maheshwari

2018 President - Intra-city Business

Sumeet Narang

2020 President - Probiking Business

Eric Vas

2018 President - Urbanite Business

Ravi Ramasamy

2020 Chief Human Resource Officer

Abraham Joseph

2010 Chief Technology Officer

Rakesh Sharma

56 2019 Executive Director

Pradeep Shrivastava

60 2016 Whole-Time Executive Director

S. Ravikumar

2020 Chief Business Development Officer

C. Tripathi

2013 Advisor - CSR

J. Sridhar

2020 Company Secretary

Nirajkumar Bajaj

2006 Non-Executive Director

Sanjivnayan Bajaj

50 2012 Non-Executive Director

Shekhar Bajaj

72 Non-Executive Director

Balaji Rao Doveton

2019 Non-Executive Independent Director

Naushad Forbes

60 2017 Non-Executive Independent Director

Omkar Goswami

63 2017 Non-Executive Independent Director

Gita Piramal

65 2015 Non-Executive Independent Director

Lila Poonawalla

75 2019 Non-Executive Independent Director

D. J. Balaji Rao

80 Non-Executive Independent Director

Anami Roy

70 2017 Non-Executive Independent Director

Pradip Shah

67 2019 Non-Executive Independent Director

Biographies

Name Description

Rahulkumar Bajaj

Shri. Rahulkumar Kamalnayan Bajaj serves as Non-Executive Chairman of the Board of the Company. He was appointed Chief Executive Officer of Bajaj Auto in 1968 and took over later as Head of the Bajaj Group of companies.

Rajivnayan Bajaj

Shri. Rajivnayan Rahulkumal Bajaj serves as Chief Executive Officer, Managing Director, Executive Director of the Company. He was Managing Director of the Company appointed on 1st April 2005. He is a Mechanical Engineer from Pune University. He later did his Masters in Manufacturing Systems Engineering from the University of Warwick. He joined as Officer on Special Duty in 1990, took over as General Manager (Products) in February 1993, as Vice President (Products) in June 1995, President in May 2000, President & Whole Time Director in March 2002, Joint Managing Director in March 2003.

Madhurkumar Bajaj

Shri. Madhurkumar Ramkrishnaji Bajaj serves as Non-Executive Vice Chairman of the Board of the Company. He is currently serves as Executive Vice Chairman of the Board of Bajaj Auto Limited. He was Vice Chairman of the Board of the Company. After graduating in Commerce, Mr. Bajaj did his Masters of Business Administration from Lausanne, Switzerland. He joined as DGM in March 1983, took as General Manager Aurangabad Division in June 1986, as its Chief Executive in October 1988, he became President of Bajaj Auto in September 1994, Executive Director in May 2000 and as Vice Chairman in July 2001.

Soumen Ray

Shri. Soumen Ray serves as Chief Financial Officer of the Company. Mr. Soumen Ray joined Bajaj in August 2018 as Joint President (Finance) and is now the Chief Financial Officer. He is a Chartered Accountant with over 20 years of experience.

Kevin D'Sa

Mr. Kevin P. D'Sa serves as President - Retail Finance of the Company. He began his career with Bajaj in September 1978. After acquiring a Bachelor’s degree in Commerce, he completed his Chartered Accountant in 1978 and ICWA in 1981.

K. Grihapathy

Sarang Kanade

R. Maheshwari

Sumeet Narang

Eric Vas

Ravi Ramasamy

Mr. Ravi Kyran Ramasamy serves as Chief Human Resource Officer of the Company. Ravi Kyran joined Bajaj Auto in February-2017 as President (Human Resource). Prior to joining Bajaj Auto, he was with Texas Instruments (TI) in Dallas as Vice President of HR. He holds a post graduate diploma in HR from XLRI, Jamshedpur.

Abraham Joseph

Rakesh Sharma

Mr. Rakesh K. Sharma serves as Executive Director of the Company. Mr Rakesh Sharma joined Bajaj Auto in October 2007 as President (International Business). He has led the International Business for 10 years during which the Business has grown in scale to INR 9,703 crores representing 37% of Bajaj Auto revenues and spread across 70 countries in several of which its brands enjoy leadership positions. He was elevated to the position of Chief Commercial Officer in July 2018 with the responsibility to lead the front end Business Units. He is a member of the Board of Commissioners of PT Bajaj Auto Indonesia, a subsidiary of Bajaj Auto Ltd and the Chairman of the Exports Council of SIAM. Prior to joining Bajaj Auto Ltd, Mr Sharma worked for over 20 years with the British ICI Group in multiple roles. He served in the chemicals, specialty materials and paints businesses in India and overseas. His last posting with the ICI Group was as Chief Executive-South East Asia for ICI Paints.

Pradeep Shrivastava

Mr. Pradeep Shrivastava serves as Whole-Time Executive Director of the Company. He has qualified as a B.Tech (Mechanical Engineer) from IIT Delhi-1981 and also as PGDM-1986 from IIM, Bangalore. He started his career as Asst. Engineer (Maintenance) in Tata Motors during 1981-1984. He joined Bajaj Auto in 1986 and was its Chief Operating Officer, until his elevation as Executive Director with effect from 1 April 2016.

S. Ravikumar

Mr. S. Ravikumar serves as Chief Business Development Officer of the Company. Mr. Ravikumar joined Bajaj in June 1984 as an Accounts Officer and is now the Chief Business Development Officer. He is an active member of the Institute of Chartered Accountants of India.

C. Tripathi

J. Sridhar

Mr. J. Sridhar serves as Company Secretary of the Company. A graduate in Commerce and Law, Mr. Sridhar also did his FCA, FCS and MMS. Prior to joining Bajaj, he was the Controller of Finance and Company Secretary, Maharashtra Scooters Ltd., a Bajaj Auto joint venture.

Nirajkumar Bajaj

Shri. Nirajkumar Ramkrishna Bajaj serves as Non-Executive Director of the Company. He started his career with Bajaj Auto Ltd (two years) and Bajaj Electricals Ltd (six months) as senior marketing executive. He has been President of the Alloy Steel Producers’ Association of India, Indian Steel Development Association, Chairman of the Indo Russian Federation —Joint Business Councils. He was selected by World Economic Forum as one of the ‘Global Leaders for Tomorrow’ in 1 993. Presently, he is a member of the Managing Committee of ASSOCHAM and Vice President of Indian Merchants’ Chamber. Having served in Mukand Ltd for over two decades in senior positions, he is the Managing Director of the company since August, 1 994. Besides being three times All India Table Tennis Champion and four times ranked India’s No.1, he represented the country consecutively between 1972-77, of which last four years were as captain. He has been the recipient of India’s highest sports honour ‘Arjuna Award’, in addition to Maharashtra’s highest sports honour and Gaurav Puraskar. His other directorships include : Mukand Ltd.; Bajaj Hindustan Ltd.; Hind Rectifiers Ltd., Mukand Engineers Ltd.; RPG Life Sciences Ltd.

Sanjivnayan Bajaj

Shri. Sanjivnayan Rahulkumar Bajaj serves as Non-Executive Director of the Company. He is B.E. (Mech), first class with distinction from the University of Pune, M.Sc (Manufacturing Systems Engg) with distinction from the University of Warwick, UK and MBA from Harvard Business School, USA. Since 2008, he is the Managing Director of Bajaj Finserv Ltd. Bajaj Finserv operates in the insurance business through Bajaj Allianz Life Insurance Company Ltd. and Bajaj Allianz General Insurance Company Ltd., as well as in the lending business through Bajaj Finance Ltd. His role includes guiding the current businesses and building new ones in the financial services space. Vice Chairman of Bajaj Finance Ltd. with effect from 15-10-2013. Non-executive Chairman of Bajaj Allianz Life Insurance Company and Bajaj Allianz General Insurance Company with effect from 01-04-2013. (Non-executive Director of these two companies from their inception in 2001). Managing Director of Bajaj Holdings & Investment Ltd. with effect from 01-04-2012 (earlier its Non-Executive Director). Role includes building the strategy and team, and guiding this investment company, which has almost H 40,000 crore in cash and investments, including over 30% stake in Bajaj Auto and around 40% in Bajaj Finserv. Former Executive Director of Bajaj Auto Ltd. (until 31 March 2012), having headed Finance and Control, legal and international business functions of Bajaj Auto over different periods from 1994 until 2012 and currently its Non-Executive Director.

Shekhar Bajaj

Shri. Shekhar P. Bajaj serves as Non-Executive Director of the Company. He holds B.Sc. (Hons.) from Pune University and MBA from New York University, USA, is the Chairman and Managing Director of Bajaj Electricals Ltd. engaged in marketing of wide-range of household electrical appliances, besides undertaking turn-key engineering projects. He is the chairman of various other Bajaj group companies, viz. Bajaj Ventures Ltd. Hercules Hoists Ltd., Bajaj International Pvt. Ltd., Hind Lamps Ltd. and Bachhraj Factories Pvt. Ltd. — all engaged in diverse activities. Besides being the former director of IDBI Bank Ltd, he has been the president / chairman of various other industries / trade associations, viz. Electric Lamp & Component Manufacturers’ Association of India, (ELCOMA), Indian Fan Manufacturer’s Association (IFMA), The Associated Chambers of Commerce & Industry of India (ASSOCHAM), Indian Merchants’ Chamber (IMC) and Council for Fair Business Practices (CFBP). His other directorships include : Bajaj Electricals Ltd., Hercules Hoists Ltd.

Balaji Rao Doveton

Naushad Forbes

Dr. Naushad Darius Forbes Ph.D. serves as Non-Executive Independent Director of the Company. He s the Co - Chairman of Forbes Marshall, India's leading Steam Engineering and Control Instrumentation firm. He chairs the Steam Engineering Companies within the group. Forbes Marshall’s deep process knowledge helps their customers save energy, improve product quality, increase process efficiency, and run a clean and safe factory. Market leadership in India and, increasingly, internationally comes from highly trained people and the depth of their knowledge. A close connect with customers enables the design of products that address customer needs around the world. The products are made in a facility that is world-class in scale, aesthetics and work environment. Forbes Marshall has consistently ranked amongst India's Great Places to Work. Dr. Forbes was an occasional Lecturer and Consulting Professor at Stanford University from 1987 to 2004 where he developed courses on Technology in Newly Industrializing Countries. He received his Bachelors, Masters and PhD Degrees from Stanford University. Dr. Forbes is on the Board of several educational institutions and public companies. Dr. Forbes has long been an active member of CII and has chaired the National Committees on Higher Education, Innovation, Technology and International Business.

Omkar Goswami

Dr. Omkar Goswami Ph.D. serves as Non-Executive Independent Director of the Company. He is the Founder and Chairperson of CERG Advisory Private Limited. CERG stands for the Corporate and Economic Research Group. Dr. Goswami did his Masters in Economics from the Delhi School of Economics in 1978 and his D.Phil (Ph.D) from Oxford in 1982. He taught at Oxford, Delhi School of Economics, Tufts, Jawaharlal Nehru University, Rutgers University and the Indian Statistical Institute. From March 1997 to July 1998, he was the Editor of Business India. From August 1998 up to March 2004, he was the Chief Economist of the Confederation of Indian Industry – the apex industry organisation of India. Dr. Goswami has served on several government committees, and has been a consultant to the World Bank, the IMF, the ADB and the OECD. He serves as an independent director on the boards of several major listed Indian companies. Other than his regular columns for newspapers and magazines, Goswami has authored three books and over 70 research papers.

Gita Piramal

Dr. Gita Piramal Ph.D. serves as Non-Executive Independent Director of the Company. The term of appointment of Dr. Gita Piramal as an independent director ended on 31 March 2020. Based on the report of the performance evaluation and as recommended by the Nomination and Remuneration Committee, her re-appointment for a second term of five years was considered and approved by the Board, subject to approval of shareholders at the ensuing general meeting.

Lila Poonawalla

Smt. Lila Poonawalla serves as Non-Executive Independent Director of the Company. She holds B. E. Degree in Mechanical Engineering. She has also attended 3-Tier Executive Program from IIM Ahmadabad, Marketing Program from Harvard Business School, Senior Executive Program from Stanford University and Advanced Marketing & Management program at IMDR Lausanne Switzerland. She is the former Chairperson and Managing Director of Tetra Pak India Limited and Alfa Laval India Limited. She is serving on the boards of many leading companies, including Bajaj Alliance Life Insurance, Bajaj Alliance General Insurance, Bajaj Housing Finance Ltd, Volvo Eicher commercial Vehicles etc. In her long career, she has held many key positions and handled a range of senior assignments both in India and abroad, in reputed institutions and bodies. She received the Padmashree Award, in the year 1989. She has also received an International recognition from the King of Sweden in 2003, with the Polar Star Award and was named as the Officer of the Royal Order.

D. J. Balaji Rao

Shri. D. J. Balaji Rao serves as Non-Executive Independent Director of the Company. He is mechanical engineer from the University of Madras and holds a postgraduate diploma in industrial engineering from Bombay University. He attended the advanced management programme at the European Institute of Business Administration (INSEAD) at Fountainbleu, France, in 1990. He was managing director of the Infrastructure Development Finance Company Ltd., executive director ICICI, and in April 1996, vice chairman and managing director, SCICI Ltd. He has served with distinction on the boards of many AAA rated companies, including Ashok Leyland, MICO, Wipro and Bharat Forge. His other assignments include : Consultant to the National Development Bank of Sri Lanka from March to August 1991 for setting up the bank under a World Bank Project. , Chief executive of the Industrial and Technical Consultancy Organisation of Tamil Nadu from December 1981 to May 1982., Consultant to the Asian Development Bank between June 1985 and May 1986 for conducting a training programme for DFIs in Asia. He has been on the board of Bajaj Auto Ltd since 1993, including as a nominee of the Industrial Credit and Investment Corporation of India (ICICI) from 1993 to 1996.

Anami Roy

Pradip Shah

Shri. Pradip Panalal Shah serves as Non-Executive Independent Director of the Company. He holds a MBA degree from Havard University and was ranked first in the Chartered Accountants' examinations. He was the founder Managing Director of CRISIL (India's first and largest credit rating agency). He assisted in the formation of Housing Development Finance Corporation (HDFC) and also provided technical assistance and training to Rating Agency Malaysia Berhad and MAALOT. He has also served as a consultant to USAID, World Bank and the Asian Development Bank. He holds many key positions both in India and abroad. He is serving as a Chairman of Kansai Nerolac Paints, Sonata Software and Grindwell Norton. His major directorships include Pfizer, BASF (India), Godrej & Boyce and Tata Investment Corporation.