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India

Bajaj Finserv Ltd (BJFS.NS)

BJFS.NS on National Stock Exchange of India

7,854.55INR
17 Jul 2019
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Summary

Name Age Since Current Position

Nanoo Pamnani

74 2019 Non-Executive Chairman of the Board

Sanjiv Bajaj

49 2017 Chief Executive Officer, Managing Director, Executive Director

S. Sreenivasan

2014 Chief Financial Officer

Tarun Chugh

2017 Managing Director and Chief Executive Officer of Bajaj Allianz Life Insurance Company Ltd.

Kevin D'Sa

65 2017 President - Business Development

Ranjit Gupta

President - Insurance

V. Rajagopalan

2017 President - Legal and Taxation

Tapan Singhel

2011 Managing Director and Chief Executive Officer of Bajaj Allianz General Insurance Company Limited

Sonal Tiwari

Compliance Officer, Company Secretary

Rajeev Jain

2014 Managing Director of Bajaj Finance Ltd.

Ganesh Mohan

Head - Strategy

Deepak Reddy

Group Head - Human Resources

Ajay Sathe

Head - Group Risk Management

Madhur Bajaj

66 2014 Non-Executive Director

Rahul Bajaj

80 2019 Chairman Emeritus

Rajiv Bajaj

51 2014 Non-Executive Director

Manish Kejriwal

50 2019 Additional Non-Executive Non-Independent Director

Anami Roy

68 2019 Additional Independent Director

Naushad Forbes

58 2017 Additional Non-Executive Independent Director

Gita Piramal

2017 Non-Executive Independent Director

D. J. Balaji Rao

79 2008 Non-Executive Independent Director

Biographies

Name Description

Nanoo Pamnani

Shri. Nanoo Pamnani re-designated as Non-Executive Chairman of the Board of Bajaj Finserv Limited with effective May 17, 2019. He is B A (Hons), B Sc (Economics) from London School of Economics. He is the non-executive chairman of Citibank, N A, India. He has held important positions and handled various assignments in India and abroad during his long career with Citibank. He is Chairman of Citicorp Finance (India) Ltd; In 1995, global head consumer banking, chief executive officer, Citibank N A, India and regional head for corporate and investment bank for India, Sri Lanka, Bangladesh and Nepal. He is holding directorships in AIG Global Asset Management Co (India) Pvt Ltd, BHIL, BFS, Bajaj Auto Finance Ltd, Citibank Savings Inc, Philippines and P N Writer & Co Pvt Ltd. He was appointed as head of operations and technology for Citicorp’s businesses in over 70 countries (based in London) in 1995, during the global restructuring of its corporate banking businesses into OECD and emerging markets (Asia, Latin America, Central Eastern Europe and Middle East). Established a technology roadmap for Citibank's corporate banking business in emerging markets. Handled upgradation of its operations processes, controls and standards in all these countries. He was appointed the non-executive chairman, Citibank N A, India in October 2002, on retirement from executive responsibilities.

Sanjiv Bajaj

Shri. Sanjiv Bajaj is Chief Executive Officer, Managing Director, Executive Director of Bajaj Finserv Limited. 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 Limited. Bajaj Finserv operates in the insurance business through Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited, as well as in the lending business through Bajaj Finance Limited and in the management business through Bajaj Financial Solutions Ltd. His role includes guiding the current businesses and building new ones in the financial services space.

S. Sreenivasan

Shri. S. Sreenivasan is Chief Financial Officer of Bajaj Finserv Limited., effective October 01, 2014. He is will be responsible for the oversight of the insurance business of the group. His additional responsibilities include, Risk Management, Planning and Budgeting at a group level. He is a member of the Investment Committee. In his previous assignments, he has held leadership roles in Bajaj Allianz General Insurance Company and Bahrain National Holding Company overseeing Corporate Finance, Planning, Management Accounting and Taxation functions. Sreenivasan is a Bachelor’s of Science from the University of Kerala. He is also a qualified Chartered Accountant, a Cost Accountant, a Chartered Financial Analyst (CFA Institute, Virginia, USA) and an MBA from the Indian Institute of Management, Calcutta.

Tarun Chugh

Kevin D'Sa

Mr. Kevin P. D'Sa is an President - Business Development of the Company. He began his career with Bajaj Auto Ltd in September 1978 and is presently its Vice President (Finance). After acquiring a Bachelor’s degree in Commerce, he completed his CA in 1978 and ICWA in 1981.

Ranjit Gupta

Shri. Ranjit Gupta is President - Insurance of Bajaj Finserv Limited. He started in Bajaj Auto Limited as General Manager (Co-ordination) in 1988, and moved on to become Vice President (Materials ) in 1995 and Vice President (Insurance) in 2001. Gupta was honoured with a fellowship from the Institution of Engineering & Technology (London) and was also inducted as a member of the Institution of Mechanical Engineers (London).

V. Rajagopalan

Shri. V. Rajagopalan is President - Legal and Taxation of Bajaj Finserv Limited. In his present role, he is responsible for acquisitions & structuring initiatives besides treasury, regulatory and legal oversight at the corporate level for the group’s financial services businesses. He comes to the Bajaj group with more than 30 years of professional experience ranging across various industries in varied functional roles within Corporate Advisory, Taxation, Restructuring, Treasury and M&A. V. Rajagopalan is a post graduate in Commerce and also Fellow member of the Institute of Chartered Accountants of India. He also holds a degree in Law and is a qualified Cost Accountant as well as a Company Secretary. He is also a Certified Associate Member of the Indian Institute of Bankers and possesses professional qualification in Industrial Finance.

Tapan Singhel

Shri. Tapan Singhel is Managing Director and Chief Executive Officer of Bajaj Allianz General Insurance Company Limited , a subsidiary of the Bajaj Finserv Limited. Tapan took over the role of the Chief Marketing Officer (CMO) of Bajaj Allianz General Insurance in 2009. He has been with Bajaj Allianz since its inception in 2001 and was a part of the core team formed to plan the retail market strategy. During his stint, he has handled various roles in this company as Regional Manager, Zonal Head and recently as CMO.

Sonal Tiwari

Rajeev Jain

Shri. Rajeev Jain is Managing Director of Bajaj Finance Ltd., a subsidiary of the company. He served as the Chief Executive Officer of Bajaj Auto Finance Limited of Bajaj Finserv Limited.

Ganesh Mohan

Deepak Reddy

Ajay Sathe

Madhur Bajaj

Shri. Madhur Bajaj is Non-Executive Director of Bajaj Finserv Limited. He is an alumni of Doon School, Dehra Dun. Afterobtaining his B.Com Degree from Sydenham College, Bombay, in 1973, he did his MBA at International Institute of Management Development (IMD), Lausanne, Switzerland, in 1979. He is the Past President of SIAM, the apex association of Indian automobile manufacturers as also the Past President of Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), the apex Industries Association of Pune. He was CII’s Western Region Chairman & is the current National Council Member of Confederation of Indian Industry (CII).

Rahul Bajaj

Shri. Rahul Kumar Bajaj re-designated as Chairman Emeritus of Bajaj Finserv Limited with effective May 16, 2019. He heads the Bajaj Group of Companies which manufacture 2 & 3-wheelers, steel, electrical lamps & tubes, electric fans and sugar. He is the Chairman of BAL, the group's flagship company. BAL is India's premier two and three-wheeler Company. Mr. Bajaj holds an Honors Degree in Economics from Delhi University, a degree in Law from Bombay University and an MBA from Harvard Business School. Mr. Bajaj is the Chairman of the Board of many companies. He was elected to the Upper House of Parliament (Rajya Sabha) in June 2006. Mr. Bajaj was the President of Confederation of Indian Industry (CII - 1979-80 & 1999-2000). Mr Bajaj has also been the Former President of Society of Indian Automobile Manufacturers (SIAM) and Mahratta Chamber of Commerce, Industry And Agriculture (MCCIA) and the Chairman of the Development Council for Automobiles and Allied Industries. He is also a member on the Executive Board of Indian School of Business. He President of India nominated Mr Bajaj as the Chairman of the Board of Governors of the Indian Institute of Technology, Bombay on May 12, 2003. Mr Bajaj is a Member & former Chairman of the International Business Council of the World Economic Forum, Geneva and a Member of Harvard Business School's Asia Pacific Advisory Board & IRC Advisory Board and International Advisory Committee of NYSE. Mr. Bajaj was appointed by His Royal Highness, the Prince of Wales as a member of the Prince of Wales International Business Leaders Forum.

Rajiv Bajaj

Shri. Rajiv Bajaj is Non-Executive Director of Bajaj Finserv Limited. He is a distinction holder in mechanical engineering (Pune University) and has a Master’s degree with distinction in manufacturing systems engineering, from the University of Warwick, U.K. He has contributed to and participated in the transition of Bajaj Auto to a high quality manufacturer of high performance motorcycles by conceiving and executing a realistic and result-oriented plan that was focused on a few issues, that gradually grew upon everyone, and that has always secured profitability.

Manish Kejriwal

Shri. Manish Kejriwal is Additional Non-Executive Non-Independent Director of the Company, with effect from 1 January 2019. is the Managing Partner of Kedaara Capital, a private equity investment fund focused on India. The firm’s investors include endowments, private and public pension funds, sovereign wealth funds and global family offices. Kedaara Capital partners with entrepreneurs and management teams to build enduring value in growthoriented businesses and support them to achieve higher levels of performance. Kedaara also actively engages with family owned businesses to identify and create carve out plays, which with a focused approach can create a win-win for promoters and Kedaara. They offer solution-oriented capital combining deep strategic & operational expertise in focused sectors, consultative approach and global connectivity to deliver superior returns. The firm enjoys a strategic partnership with Clayton, Dubilier & Rice. In early 2004, Mr. Kejriwal founded the India office of Temasek Holdings Pte. Ltd., where he headed all its investments and other activities till September 2011. During this time, Temasek invested over US$ 4 billion in India. He was a Senior Managing Director and also held multiple responsibilities in Temasek Singapore. He was a core member of its senior leadership team and a key member of Temasek Holding’s Senior Management Committee (SMC), and its Senior Investment & Divestment Committee (SIDC). At different times in his career, he also led the firm’s global investments in the FIG sector, and its investments in Africa, Middle-East and Russia. Manish brings over 15 years of experience, encompassing the full cycle of experiences in private equity across a variety of industries and sectors in private and public companies, and in other private equity funds. Prior to Temasek, Manish was a Partner at McKinsey & Company, Inc. and was part of their New York, Cleveland and Mumbai offices.

Anami Roy

Shri. Anami Roy is Additional Independent Director of the Company, with effect from 1 January 2019. He s a distinguished former civil servant, having served in the Indian Police Service in Maharashtra and Government of India for over 38 years. He held a wide variety assignment both in Maharashtra and the Central Government including Commissioner of Police, Aurangabad, Pune and Mumbai and retired as Director General of Police, Maharashtra, commanding a 2,25,000 strong Force. While in Government of India, he headed the operations of the elite Special Protection Group, looking after proximate security of Prime Minister, former Prime Ministers and their families, in which capacity he travelled extensively within India and overseas and interacted with the forces and governments of many foreign countries around the world. Known popularly as the People's Commissioner, he set up many citizen-friendly schemes and systems to resolve and fulfill people's problems and he was appointed Advisor to the Governor of Andhra Pradesh when the State was under President's rule in 2014. He also dealt with the separation of Andhra Pradesh in two states Andhra Pradesh and Telangana and supervised the General Elections of 2014 in both the states. Post retirement, Shri Roy is engaged in the social/non-profit sector and runs a not-for-profit company, Vandana Foundation for supporting people at the bottom of the pyramid with livelihood. He is on the Board of Directors of some prominent companies like Glaxo Pharma, Bajaj Auto Limited and some others. He is also involved in many other companies in an Advisory capacity. He brings with him a wide and rich experience of public service and functioning of governments at the state and central level.

Naushad Forbes

Dr. Naushad D. Forbes is Additional 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. Dr. Forbes was President of CII for 2016 – 17.

Gita Piramal

Dr. Gita Piramal is Non-Executive Independent Director of the Bajaj Finserv Limited. She is an entrepreneur & businesswoman, author and journalist, with a Ph.D.in business history.

D. J. Balaji Rao

Shri. D. J. Balaji Rao is Non-Executive Independent Director of Bajaj Finserv Limited. He holds a B.E. Degree in Mechanical Engineering and Associate Member of Indian Institution of Industrial Engineering (AMIIIE). He attended the advanced management programme at the European Institute of Business Administration (INSEAD) at Fountainbleu, France in 1990. He pursued his career as an Industrial Engineer for about 8 years before joining erstwhile ICICI Ltd. (since merged with ICICI Bank Ltd.) in 1970. After wide ranging responsibilities in different locations, he reached the position of Deputy Managing Director. He subsequently took over as the Vice Chairman and Managing Director of SCICI Ltd., in August 1996. With the merger of SCICI Ltd. with ICICI Ltd., he moved to Infrastructure Development Finance Co. Ltd. (IDFC), as its first Managing Director, which he served till his superannuation in January 2000. He has served with distinction on the Boards of many companies, including Bajaj Auto Ltd., Ashok Leyland, MICO, Wipro and Bharat Forge.

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