Sanjiv Bajaj

Sanjiv Bajaj

Chairman and Managing Director

Sanjiv Bajaj, born November 2, 1969, is B.E. (Mech), first class with distinction (8th on merit list) 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.

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  • Since 20.2.2008, he is the Managing Director & CEO of Bajaj Finserv Ltd. and recently in 2020 has also become Chairman. 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. He is responsible for the performance of the Company on a consolidated level across its businesses.
  • Since 15.10.2013, he is the Vice Chairman of Bajaj Finance Ltd.
  • He is the Chairman of Bajaj Allianz Life Insurance Company and Bajaj Allianz General Insurance Company with effect from 01-04-2013. Was a Non-Executive Director of these two companies from their inception in 2001 up to 31 March 2013
  • He is the Managing Director & CEO of Bajaj Holdings & Investment Ltd. with effect from 01-04-2012 (earlier its Non-Executive Director). His role includes building the strategy and team, and guiding this investment company, which has almost Rs. 60,000 crore in cash and investments (at market value) including 30% stake in Bajaj Auto and 40% stake in Bajaj Finserv as on 31 March 2019.
  • He is the Former Executive Director of Bajaj Auto Limited (until 31 March 2012), having headed Finance & Control, legal & international business functions of Bajaj Auto over different periods from 1994 until 2012 and currently its NonExecutive Director.
  • He has been elected as Chairman of the Confederation of Indian Industry (CII) Western Region for 2019-20.


  • Vice-President of Confederation of Indian Industry (CII) for 2020-21.
  • International Advisory Board (IAB), Allianz SE
  • International Technology Advisory Panel (ITAP) of Monetary Authority of Singapore (MAS)
  • Insurance Advisory Committee of IRDAI Board of ISB ( Indian School of Business)
  • Regional Stewardship Board for India and South Asia 2019-2020 of World Economic Forum


  • All India Management Association (AIMA) Managing India Awards Entrepreneur of the Year award 2019
  • Economic Times - ET Business Leader of the Year award 2018
  • Asian Centre's Leadership, Corporate Governance, Sustainability & CSR Awards - Transformational Leader Award (Large Cap Category) 2017
  • Ernst & Young - EY Entrepreneur of the Year award 2017
  • India Today- Top 50 Power List 2017-18
  • Bombay Management Association (BMA) - Entrepreneur of the Year Award 2015-16
  • Business World - India's Most Valuable CEOs in 2015 & 2016
  • Financial Express Best Banks Award: Banker of the year 2017-18

Major Directorships

  • Bajaj Auto Ltd.

  • Bajaj Finserv Ltd. and its subsidiaries:

  • Bajaj Finance Ltd. and its unlisted subsidiary Bajaj Housing Finance Limited.

  • Bajaj Allianz General Insurance Company Ltd.

  • Bajaj Allianz Life Insurance Company Ltd.
Bajaj Holdings & Investment Ltd. and its unlisted subsidiary, Bajaj Auto Holdings Ltd.
Jeewan Ltd.(unlisted)
Maharashtra Scooters Ltd

Committee Memberships

Bajaj Finserv Ltd.
Maharashtra Scooters Ltd.
Bajaj Allianz General Insurance Co Ltd
Bajaj Allianz Life Insurance Co Ltd
Bajaj Finance Ltd.
Bajaj Housing Finance Limited

Committee Chairmanships: Nil

Shareholding in the Company

He holds 420,579 equity shares (includes beneficial shareholding held in other capacity) of Rs. 5/- each in the Company as on 31 March 2019.

Nature of expertise in specific functional areas

Management & Strategy, Global Business Leadership, Insurance, Mutual Fund & Financial Services, Banking, Investment & Treasury and Forex Management etc.


Dr. Naushad Forbes


Dr. Naushad Forbes (born on 13 May 1960) is the Co - Chairman of Forbes Marshall, India's leading Steam Engineering and Control Instrumentation firm. He chairs the Steam Engineering Companies within the group.

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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.


Forbes Marshall Private Limited
Bajaj Auto Limited
Forbes Solar Private Limited
J N Marshall Private Limited
Forbes Marshall Arca Private Limited
Krohne Marshall Pvt. Ltd.
Forbes Marshall (Hyd) Private Limited
Forbesvyncke Private Limited
Centre for Technology Innovation and Economic Research


Anish Praful Amin

President – Group Assurance

Anish Amin, joined Bajaj Finserv Limited as President – Group Assurance, Risk and M & A, in Feb 2019. He is a fellow member of the Institute of Chartered Accountants of India, was previously a senior partner at Dalal & Shah (a member of the PwC International Network). He has over 31 years of experience, including as a partner of Pricewaterhouse India for the last 10 years. He was a part of the assurance practise at Pricewaterhouse India and handled a practise comprising of wide ranging businesses including manufacturing, trading, media, finance and insurance. He was also their sector leader for the Insurance industry.

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Anish has expertise in the areas of compliance with accounting standards, company law matters and general regulatory frameworks. Major Directorships

Bajaj Finserv Health Limited
Maharashtra Scooters Limited
Bajaj Auto Holdings Limited

Committee positions: Nil