Edition:
India

Bajaj Finance Ltd (BJFN.NS)

BJFN.NS on National Stock Exchange of India

1,685.85INR
14 Dec 2017
Change (% chg)

Rs14.05 (+0.84%)
Prev Close
Rs1,671.80
Open
Rs1,675.00
Day's High
Rs1,698.90
Day's Low
Rs1,627.05
Volume
1,257,072
Avg. Vol
1,109,104
52-wk High
Rs1,985.90
52-wk Low
Rs760.50

Summary

Name Age Since Current Position

Rahul Bajaj

79 Non-Executive Chairman of the Board

Rajeev Jain

2015 Chief Executive Officer, Managing Director, Executive Director

Sanjiv Bajaj

48 2013 Non-Executive Co-Vice Chairman of the Board

Nanoo Pamnani

72 2013 Non-Executive Independent Co-Vice Chairman of the Board

Sandeep Jain

2016 Chief Financial Officer

Anant Damle

2010 Compliance Officer, Company Secretary

Madhur Bajaj

65 Non-Executive Director

Rajiv Bajaj

50 1994 Non-Executive Director

Omkar Goswami

61 2012 Non-Executive Independent Director

Rajendra Lakhotia

Independent Non-Executive Director

Dhirajlal Mehta

81 1990 Independent Non-Executive Director

Gita Piramal

2014 Independent Non-Executive Director

Dipak Poddar

74 2008 Independent Non-Executive Director

D. J. Balaji Rao

2008 Independent Non-Executive Director

Ranjan Sanghi

Independent Non-Executive Director

Biographies

Name Description

Rahul Bajaj

Shri. Rahul Kumar Bajaj is an Non-Executive Chairman of the Board of Bajaj Finance Limited. He heads the Bajaj Group of companies which manufacture and market a range of products and services in India and abroad including 2 and 3 wheelers, home appliances, lamps, wind energy, special alloy and stainless steel, castings, cranes, forgings, infrastructure development, material handling equipment, travel, genera and life insurance and investment and financial services. He is the Chairman of the group’s flagship, Bajaj Auto Ltd. Bajaj Auto Ltd., is India’s premier 2 and 3-wheeler company. He holds an Honours Degree in Economics from Delhi University, a Degree in Law from Bombay University and an Masters of Business Administration from Harvard Business School. He is the Chairman of the Board of many companies. He was elected to the Upper House of Parliament (Rajya Sabha) in June 2006. He has received numerous prestigious awards and recognitions from reputed authorities and bodies, notable ones being the award of ‘Padma Bhushan’ in 2001, Alumni Achievement Award by the Harvard Business School and Life Time Achievement Awards from Economic Times and Ernst & Young.

Rajeev Jain

Shri. Rajeev Jain is an Chief Executive Officer, Managing Director, Executive Director of Bajaj Finance Limited. He is a management graduate by profession and has 1 5 years of experience in consumer lending industry. He comes with the experience of managing diverse consumer lending businesses viz, auto loans, durables loans, personal loans and credit cards. In his previous assignments he has worked over four years with GE and about eight years with American Express. Prior to joining BAFL, he was Deputy CEO with AIG for its consumer finance business.

Sanjiv Bajaj

Shri. Sanjiv Bajaj is an Non-Executive Co-Vice Chairman of the Board of Bajaj Finance Limited. He holds Bachelor of Engineering (Mech), first class with distinction from the University of Pune, Master of Science (Manufacturing Systems Engg) with distinction from the University of Warwick, UK and Masters of Business Administration from Harvard Business School, USA. He is currently the Executive Director of Bajaj Auto Ltd and heads the International Business, Finance, Secretarial and IT functions at Bajaj Auto Ltd.

Nanoo Pamnani

Shri. Nanoo Pamnani is an Non-Executive Independent Co-Vice Chairman of the Board of Bajaj Finance Limited. He holds a B.A.(Hons.) from Bombay University and B.Sc. (Economics) from London School of Economics. Between 1982 to 1985, Shri Pamnani was Chief Executive Officer of Citibank, N.A. India with responsibilities covering Corporate and Investment Banking in India and oversight over businesses in Sri Lanka, Bangladesh and Nepal. Between 1985 to 1989, he was Chief Executive Officer of Citibank, N.A. based in Manila and was involved in the country debt rescheduling process. During 1989 to 1995, Mr. Pamnani was with Citibank N.A as Business Head for Private Banking businesses across Asia Pacific, excluding Japan and was based in Singapore. In 1995, he became Director of Operations and Technology for over 70 countries of Citibank N.A. Emerging Markets (Asia, Latin America, Central and Eastern Europe and Middle East and Africa and was based in London. In 1998, he became Chief Executive Officer of Citibank N.A., India with responsibilities covering Corporate and Investment Banking and Consumer Banking and Regional Head for India, Sri Lanka, Bangladesh and Nepal. In 2002, he was appointed to the position of Chairman, Citibank N.A, India in a non-executive capacity. From 2004 to December, 2006, as Director of Citibank, N.A. Asia pacific Group, based in Singapore, he focused on bank acquisitions and establishing new Centres of Excellence for Software and business processing across Asia Pacific. Mr. Pamnani retired from Citigroup with effect from December 31, 2006 and has now relocated to Mumbai, India. He is also a member of the Audit Committee of all of the above mentioned Companies and Shareholders’ and Investors’ Grievance Committee of all the companies except Bajaj Auto Ltd.

Sandeep Jain

Shri. Sandeep Jain is a Chief Financial Officer of the Company, effective February 04, 2016. He was Head - Business Re-Engineering & Investor Relations, who has been with the Company since August 2008 and with the Bajaj Group since March 2006.

Anant Damle

Madhur Bajaj

Shri. Madhur Bajaj is an Non-Executive Director of Bajaj Finance Limited. He is an alumni of Doon School, Dehra Dun. After obtaining his Bachelor of Commerce Degree from Sydenham College, Bombay, in 1973, he did his Masters of Business Administration at the International Institute of Management Development (IMD), Lausanne, Switzerland, in 1979. He is the immediate past President of SIAM (Society of Indian Automobile Manufacturers), an apex association of Indian automobile manufacturers. He is current National Council Member of the Confederation of Indian Industry (CII) and the Past Chairman of its Western Region. He is the President of Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), the apex Industries Association of Pune. He is the Vice Chairman of Bajaj Auto Limited. He is also the Chairman of Maharashtra Scooters Limited.

Rajiv Bajaj

Shri. Rajiv Bajaj is an Non-Executive Director of Bajaj Finance Limited. He holds a B.E. (Mech) First Class with distinction from University of Pune and M.Sc. with distinction in Manufacturing Systems Engineering from University of Warwick, U.K. He has been in the erstwhile Bajaj Auto Limited (BAL) in different capacities since 19 December 1990. As President and later as Joint Managing Director, he has a technological reorientation of the company, so as to meet the existing and future competitive challenges. He became the Managing Director of the erstwhile BAL on 1 April 2005 and remained as such until 20 February 2008, i.e. the effective date for the scheme of demerger of erstwhile BAL. He then became the Managing Director of the new BAL with effect from 20 February 2008. He has received numerous prestigious awards and recognitions from reputed authorities and organisations, notable ones being World Economic Forum, Indian Institute of Materials Management, The Indian Express, Economic Times and NDTV Profit.

Omkar Goswami

Dr. Omkar Goswami, Ph.D. is an Non-Executive Independent Director of Bajaj Finance Limited. He is a member of audit committee, remuneration and nomination committee.

Rajendra Lakhotia

Shri. Rajendra Lakhotia is an Independent Non-Executive Director of Bajaj Finance Limited. He is a member of remuneration and nomination committee.

Dhirajlal Mehta

Shri. Dhirajlal S. Mehta is an Independent Non-Executive Director of Bajaj Finance Limited. He is Commerce Graduate with Honors from Sydenham College of Commerce & Economics, Bombay University. He is a Fellow Member of the Institute of Chartered Accountants of India and a Fellow Member of The Institute of Company Secretaries of India. He has been associated with Bajaj Group of companies since 1966 and he is currently Whole-time Director of Bajaj Auto Ltd. He has more than 40 years experience in corporate laws, taxation, finance and investment. While in active professional career, he worked for several committees of SEBI, CII, FICCI and Government of India. He is also associated with a number of social, educational and welfare organizations. He has been associated with the company as a Director since 1990. He has been associated with the company as a Director since 1990. He holds Directorships in the following public limited companies apart from Bajaj Auto Finance Ltd. Bajaj Auto Ltd., Bajaj Auto Holdings Ltd. ;Bajaj Hindusthan Ltd., Jeewan Ltd., Hincon Holdings Ltd., Maharashtra Scooters Ltd., Mukand Ltd. He is a member of the Audit Committees and the Shareholders! Investors Grievance Committees in Mukand Ltd., Bajaj Hindusthan Ltd., and Maharashtra Scooters Ltd.

Gita Piramal

Dipak Poddar

Shri. Dipak Kumar Poddar is an Independent Non-Executive Director of Bajaj Finance Limited. He holds B.Sc.(Hons.), SB & SM (MIT), educated at Massachusetts Institute of Technology, USA and has experience of over three decades in finance, automobiles, garment exports, precision engineering and other areas. He was the Managing Director of the company from April 1987 to March 2008. He holds directorships in the following public limited companies apart from Bajaj Auto Finance Ltd. are Poddar Developers Ltd., Suvijay Exports Ltd., VIP Industries Ltd., GTL Ltd., Bajaj Allianz General Insurance Co. Ltd., Makara Real Estates Ltd., Brite Merchants Ltd.

D. J. Balaji Rao

Ranjan Sanghi

Shri. Ranjan Sanghi is an Independent Non-Executive Director of Bajaj Finance Limited. He is a Commerce Graduate with Honors from Sydenham College of Commerce & Economics, Mumbai and also holds a Degree in Law from University of Mumbai. In 1983, he had the honour and privilege of being invited as a Community Leader of Younger Generation by the Japanese Foreign Ministry on a goodwill visit as a guest of Japanese Government. He was a member of Local Advisory Board of Deutshe Bank for two years. He has experience in finance, marketing, automobiles and other fields. He was the President of Western India Automobiles Association, Mumbai during 1990-91. He is associated with various busines and industrial associations. He is also actively associated with a number of social, charitable and sports organisations. He has been associated with the company as a Director since 1987.

Basic Compensation

Name Fiscal Year Total

Rahul Bajaj

1,500,000

Rajeev Jain

69,697,904

Sanjiv Bajaj

2,700,000

Nanoo Pamnani

12,700,000

Sandeep Jain

10,325,100

Anant Damle

11,517,100

Madhur Bajaj

1,050,000

Rajiv Bajaj

900,000

Omkar Goswami

1,500,000

Rajendra Lakhotia

1,500,000

Dhirajlal Mehta

1,950,000

Gita Piramal

1,050,000

Dipak Poddar

1,200,000

D. J. Balaji Rao

900,000

Ranjan Sanghi

2,400,000
As Of  31 Mar 2017