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.


  • 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.
  • Memberships:
    -   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
  • Awards:
    -   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.


S Sreenivasan

Chief Financial Officer

S. Sreenivasan (Sreeni) has been with us as the President (Finance) of Bajaj Finserv Limited since September 2011. From 1st October 2014, he has been appointed as Chief Financial Officer. Apart from his role as CFO, he is also responsible for overseeing the insurance business on behalf of the Company.


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.

Sreeni holds a Bachelor’s Degree 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.


Bajaj Allianz Financial Distributors Limited
Bajaj Financial Securities Limited
Bajaj Allianz Staffing Solutions Limited


V. Rajagopalan

President - Legal

V. Rajagopalan has held the position of Vice President (Legal) of Bajaj Finserv Limited since January 1st, 2009 and is spearheading the new business initiatives of the Group in the field of financial services. 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.


Ranjit Gupta

President - Insurance

Ranjit Gupta started in Bajaj Auto Ltd. 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).

He is working as President (Insurance) in the company.

Mr. Ganesh Mohan

Mr. Ganesh Mohan

Group Head – Strategy

Ganesh Mohan joined Bajaj Finserv Limited in 2015 and heads strategy development, execution and innovation efforts across all the Group companies of the BFS Group. This includes setting strategy for all the key operating companies, driving key cross-company initiatives as well as managing critical corporate development plans.


Prior to joining BFS, Ganesh was a Partner at The Boston Consulting Group (BCG) and worked with BCG for 16 years across multiple geographies (US, Europe, Middle East & India) primarily focusing on the financial services sector.

At BCG, Ganesh worked with large retail and corporate banks, sovereign wealth funds, asset managers and finance companies globally on a wide variety of functional and business issues. Ganesh has a B. Tech (Hons) in Chemical Engineering from IIT, Kharagpur and an MBA in Finance and Strategy from the Indian Institute of Management, Calcutta.


Mr. Ajay Sathe

Head – Group Risk Management

Ajay joined Bajaj Auto in 1997 and moved Bajaj Finserv in 2007 post the demerger of erstwhile Bajaj Auto. He is presently working as Head – Group Risk Management. He also oversees the CSR activities of Bajaj Finserv and its subsidiaries. He is currently driving some significant strategic CSR projects in health, child welfare and employability.

Mr. Ajay Sathe

Ajay is a commerce graduate from Pune University. He is a graduate of the Institute of Cost Accountants of India and an Associate member of the Institute of Chartered Accountants of India. He has completed his International MBA with Honors at ESMT Berlin (Germany). At ESMT, he was a winner of the Academic Performance Prize awarded for the most outstanding academic performance during the program.

Ajay is a watercolorist and his Facebook page showcases many of his sketches and paintings. He remains stress-free by listening to Indian classical music and playing Badminton.

Rajeev Jain

Rajeev Jain

Managing Director – Bajaj Finance Limited

At Bajaj Finserv , Rajeev has charted an ambitious growth path for the company. The company is at an inflexion point and owes its exponential growth from a captive finance company to a most diversified non-bank in India today. The cumulative experience at GE, American Express and AIG has helped him change the course of the company and put it on a high growth path.


Rajeev was earlier with American International Group as a Deputy CEO of its Consumer Finance business. At AIG, he was responsible for building the strategic framework for AIG Consumer business entry in India, created a holding company and acquired two non-banking finance companies to establish a base for AIG in the Indian market.


Tapan Singhel

Managing Director & Chief Executive Officer - Bajaj Allianz General Insurance

Tapan has been the founding employee of the company. He has handled various roles in geographies and channels and took over as MD & CEO in 2012. The company has not only been the leading company in India in terms of profit and growth, but is also recognized as one of the best companies in Asia.


He is a social media savvy CEO and has considerably following on Linkedin, is equally active on Twitter & uses Google Hangout to reach out to consumer and employees. He also blogs under the heading""My Takewhich is very popular among people of the industry and across the globe".

He has been actively involved in various industry forums and is on the Advisory Committee to the Regulator (IRDAI). He was chosen as the CEO of the Year by the Insurance Asia Awards and is also recognized as a Power Profile by LinkedIn. He is a BHU alumnus having done his Masters in Physics with specialization in Lasers and Spectroscopy and his schooling from La Martiniere for boys Kolkata and St. Peters Agra.


Mr. Tarun Chugh

Managing Director and Chief Executive Officer Bajaj Allianz Life Insurance

Tarun Chugh joined Bajaj Allianz Life Insurance as the MD & CEO in April 2017. Tarun is also an elected member of the Life Insurance Council – Executive Committee. A seasoned industry veteran, he has over 23 years’ experience in financial services space, including over thirteen years’ experience in the Indian Life insurance sector.


Tarun is a familiar figure in the Indian life insurance sector, having headed general management and strategic roles as Managing Director and Chief Executive Officer of PNB Metlife India Life Insurance Company in February 2014. He has served as the Chief Distribution Officer in addition to overseeing branch operations and marketing in ICICI Prudential Life Insurance. Tarun has also worked as an Investment Banker for 12 years prior to joining the Insurance sector.

In his multiple leadership roles, Tarun has a proven track record of building relationships and trust with various stakeholders.

Tarun passed out as an engineer from IIT Delhi and completed his Post graduation in management from IIM, Lucknow in 1994.

He is a highly motivated person with the zeal to achieve excellence in all his endeavors as seen in his personal and professional achievements. Tarun is an avid reader and has interests in tennis and travelling.