Rahul Bajaj

Rahul Bajaj

Chairman

Rahul Bajaj, (born on 10 June 1938), is a Non-Executive Chairman of our Company. He is recognized as one of the most successful business leaders of India.

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He heads the Bajaj Group of Companies which is a leader in a variety of manufactured products and financial services in India and abroad including motorized 2 and 3-wheelers, home appliances, electric lamps, wind energy, special alloy and stainless steel, cranes, forgings, infrastructure development,material handling equipment, travel, general and life insurance and investment, consumer finance & asset management.

He holds an Honours Degree in Economics from Delhi University, a degree in Law from Bombay University and an MBA 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 2006 - 2010).

Rahul Bajaj has received many prestigious awards and recognitions, notable being the award of 'Padma Bhushan' by the Government of India in 2001, Alumni Achievement Award by the Harvard Business School and Life Time Achievement Awards from Economic Times, Ernst & Young and CNBC TV18. Rahul Bajaj was appointed Knight in the Order of the Legion of Honour by the President of the French Republic.

He has been conferred Honorary Doctorates by 7 Universities including IIT Roorkee.

Rahul Bajaj was the President of Confederation of Indian Industry (CII - 1979-80/1999-2000). He was President of Society of Indian Automobile Manufacturers (SIAM) and Mahratta Chamber of Commerce, Industry and Agriculture (MCCIA) and Chairman of the Development Council for Automobiles and Allied Industries.

Rahul Bajaj was appointed by the Government of India the Chairman (1986-89) of the Government owned domestic carrier, Indian Airlines.

Rahul Bajaj was nominated by the President of India the Chairman of the Board of Governors of the Indian Institute of Technology, Bombay during 2003-06.

He is a Member & former Chairman of the International Business Council of the World Economic Forum, Geneva and a Member of Harvard Business School's Global Advisory Board. He is also a Member of the International Advisory Council of the Brookings Institution, Washington DC and a Member of the Executive Board of Indian School of Business.

Rahul Bajaj spear-heads the CSR initiatives of the Bajaj Group which include Jamnalal Bajaj Foundation and Shiksha Mandal and a number of social organizations including Bharatiya Yuva Shakti Trust and Ruby Hall Clinic, a large hospital in Pune as their Chairman.

Rahul Bajaj has more than 46 years of experience, amongst others, in the auto and financial services sectors. As on 31 March 2015, he holds 18,600 shares in the Company.

LIST OF DIRECTORSHIPS
1. Bajaj Allianz General Insurance Company Limited
2. Bajaj Allianz Life Insurance Company Limited
3. Bajaj Auto Limited
4. Bajaj Electoral Trust
5. Bajaj Finance Limited
6. Bajaj Finserv Limited
7. Bajaj Holdings & Investment Limited
8. Bhoopati Shikshan Pratisthan
9. Indian School of Business
10.Kamalnayan Investment & Trading Private Limited
11.Mahakalp Arogya Pratisthan
12.Rahul Securities Private Limited
13.Rupa Equities Private Limited

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Nanoo Gobindram Pamnani

Vice Chairman and Independent Director

Nanoo Pamnani, (born on 26 February 1945), is a Non-executive Vice Chairman and Independent Director of our Company. He has obtained a Bachelor’s degree in Arts (Honours) from Bombay University (stood first in the University in Economic Major) in 1960 and a bachelor’s degree in Economics from the London School of Economics (Majored in Economics and Econometrics) in 1964. He has more than 42 years of experience in the banking, auto and financial services sectors.

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Nanoo Gobindram Pamnani

EXPERIENCE:

Director for Citibank, N.A., Asia Pacific Group, based in Singapore focusing on bank acquisitions and establishing new Centres of Excellence for software and business processing across Asia Pacific.
The principal focus for acquisitions was China, where Citigroup stepped up its partnership with Shanghai Pudong Development Bank (SPDB) and acquired a stake in Guandong Development Bank (GDB).

August 2004- December 2006

As Chief Executive Officer, Citibank, N.A., India, with responsibility covering Corporate and Investment Banking and Consumer Banking, and Regional Head for India, Sri Lanka, Bangladesh and Nepal. Last 2 years as Non – executive Chairman of Citibank, N.A., India
December 1998- August 2004

As Sector Executive, Citibank, N.A., Emerging Markets (Asia, Latin America, Central and Eastern Europe, and Middle East and Africa) based in London, as the Director of Operations and Technology for over 70 countries.
September 1995-December 1997

As Division Executive, Citibank, N.A., Asia Pacific Private Banking

Group, based in Singapore. Business Head for Private Banking businesses across Asia Pacific, excluding Japan.
June 1989- September 1995

As Chief Executive Officer, Citibank, N.A., Philippines, based in Manila. Involved in the country debt rescheduling process.
November 1985-June 1989

As Chief Executive Officer, Citibank, N.A., India, with responsibilities covering Corporate and Investment Banking in India, and oversight over businesses in Sri Lanka, Bangladesh and Nepal.
April 1982-November 1985

LIST OF DIRECTORSHIPS:

Bajaj Auto Limited
Bajaj Finance Limited
Bajaj Finserv Limited
Bajaj Holdings & Investment Limited
ADVISORY:

BMR Advisors, Mumbai, India

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Sanjiv Bajaj

Sanjiv Bajaj

Vice Chairman

Sanjiv Bajaj, (born on 02 November 1969), is a Non-Executive Vice Chairman of our Company. He has obtained a bachelor’s degree in Engineering (Mechanical) with a distinction from the University of Pune in 1991, a master’s degree in Science (Manufacturing Systems Engineering) with distinction from the University of Warwick, U.K. in 1994 and a Master’s degree in Business Administration from Harvard Business School, U S A. in 1997.

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He has more than 19 years of experience in variety of areas in business strategy, marketing, finance, investment, audit, legal, and IT related functions in auto and financial services sectors.

Since 2008, Sanjiv Bajaj is the Managing Director of Bajaj Finserv Limited. Bajaj Finserv Limited 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. His role includes guiding the current businesses and building new ones in the financial services space.

Since 2013, Sanjiv Bajaj is the Vice Chairman of Bajaj Finance Limited.

Sanjiv Bajaj is the Chairman of Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited with effect from 01 April 2013. He was the Non-Executive Director of these two Companies from their inception in 2001 upto 31 March 2013.

Sanjiv Bajaj is also a Managing Director of Bajaj Holdings & Investment Limited with effect from 01 April 2012 (earlier its Non-executive Director). It role includes building the strategy and team, and guiding this investment company, which has approximately Rs.4500 crores in cash and investments and also holds over 30% stake in Bajaj Auto Limited and around 40% in Bajaj Finserv Limited.

He is a former Executive Director of Bajaj Auto Limited (until 31 March 2012), having headed Finance & Control, legal & international business functions of Bajaj Auto Limited over different periods from 1994 until 2012 and currently its Non-Executive Director.

AWARDS:

Ernst & Young – EY Entrepreneur of the Year Award 2017
India Today – Top 50 Power List 2017-18
EY Entrepreneur of the Year (EOY) Award 2014 in Financial Services by Ernst and Young.
Selected as one of India Inc’s hundred most powerful CEOs in India by Economic Times’ Corporate Dossier magazine in its 2009 survey conducted by IMRB International.
Business Today magazine’s Best CFO Awards 2005 as one of the top CFOs of India for 2005.

LIST OF DIRECTORSHIPS:

Bajaj Allianz General Insurance Company Limited
Bajaj Allianz Life Insurance Company Limited
Bajaj Auto Limited
Bajaj Auto Holdings Limited
Bajaj Finserv Limited
Bajaj Finance Limited
Bajaj Holdings & Investment Limited
Maharashtra Scooters Limited

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Rajeev Jain

Managing Director

Rajeev Jain, (born on 06 September 1970), is the Managing Director of our Company. He is a management graduate and has more than 22 years of experience in the consumer lending industry. Rajeev has been associated with our Company for over eight years. At Bajaj Finance Limited, Rajeev has charted an ambitious growth path for the Company.

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Rajeev Jain

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. He has vast experience in managing diverse consumer lending businesses viz. auto loans, durables loans, personal loans and credit cards.

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.

Before that, he was with American Express where he spent more than eight years. During this period he did various roles across various products like credit cards, personal and business loans etc. At the time of leaving American Express, he was the Head of Personal and Small Business Lending in India. Rajeev is a Management graduate from T A Pai Management Institute, Manipal with a Bachelor’s Degree in Commerce.

LIST OF DIRECTORSHIPS:
1. Bajaj Finance Limited
2. Bajaj Housing Finance Limited (Formerly Bajaj Financial Solutions Limited)

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Madhur Bajaj

Madhur Bajaj

Director

Madhur Bajaj (born August 19, 1952) graduated in Commerce from Sydenham College, Bombay, in 1973. He also holds a Masters degree in Business Administration from the International Institute of Management Development (IIMD), Lausanne, Switzerland.

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He is the recipient of the Vikas Ratan Award from the International Friendship Society of India, for enriching human life and outstanding achievements in the field.

Madhur Bajaj has held various positions, the most prominent being

President of SIAM, the apex association of Indian automobile manufacturers
President of Mahratta Chamber of Commerce, Industries and Agriculture (MCCIA), the apex Industries Association of Pune.
Chairman, Western Region, CII
Currently, he is the National Council Member of Confederation of Indian Industry (CII)

LIST OF DIRECTORSHIPS:

Bajaj Auto Limited
Bajaj Electricals Limited
Bajaj Finance Limited
Bajaj Finserv Limited
Bajaj Holdings & Investment Limited
Emerald Acres Private Limited
Madhur Securities Private Limited
Maharashtra Scooters Limited
Sankalp Resorts Private Limited

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Rajiv Bajaj

Director

Rajiv Bajaj, (born on 21 December 1966), is a Non-Executive Director of our Company. He holds a bachelor’s degree with a first class, with distinction, in Mechanical Engineering from the University of Pune in 1988, and a master’s degree in Manufacturing Systems Engineering, with distinction, from the University of Warwick in 1990.

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Rajiv Bajaj

He has worked at the erstwhile Bajaj Auto Limited in the areas of Manufacturing & Supply Chain (1990-95), Research and Development and Engineering (1995-2000), and Marketing and Sales (2000- 2005), and has been the Managing Director of Bajaj Auto Limited since April 2005. He has more than 24 years of experience in the auto and financial services sectors.

His current priority is the application of the scientific principles of Homoeopathy to the task of building a brand centred strategy at Bajaj Auto Limited with the objective of achieving its vision of being one of the world’s leading motorcycle manufacturers.

LIST OF DIRECTORSHIPS:

Bajaj Auto Limited
Bajaj Auto Holdings Limited
Bajaj Finance Limited
Bajaj Finserv Limited
Bajaj Holdings & Investment Limited

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Balaji Rao

D.J. Balaji Rao

Independent Director

D. J. Balaji Rao, (born on 15 December 1939), is a Non-Executive and Independent Director of our Company. He holds a bachelor’s degree in Engineering (Mechanical) from the University of Madras in 1962. He was elected as Associate Member of Indian Institution of Industrial Engineering (AMIIIE) in 1969.

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He attended the Advanced Management Programme (AMP) at the European Institute of Business Administration (INSEAD) at Fountainbleu, France, in 1990. He has more than 52 years of experience in the project and industrial engineering, banking and financial services sectors.

D. J. Balaji Rao has served with distinction on the boards of leading Companies including Ashok Leyland, MICO, Wipro and Bharat Forge.

PAST POSITIONS
Managing Director of the Infrastructure Development Finance Company Ltd.

Dy.Managing Director of erstwhile ICICI Ltd.,

Vice Chairman and Managing Director of erstwhile SCICI Ltd. in April 1996

Consultant to the National Development Bank of Sri Lanka from March-August 1991 for setting up the bank under the World Bank Project

Chief executive of the Industrial and Technical Consultancy Organization 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

Nominee of the Industrial Credit and Investment Corporation of India (ICICI) from 1993 to 1996

LIST OF DIRECTORSHIPS:

Ashok Leyland Limited
Bajaj Auto Limited
Bajaj Finance Limited
Bajaj Finserv Limited
Bajaj Holdings and Investment Limited
CMI FPE Limited
Hinduja Foundries Limited

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Omkar Goswami

Independent Director

Omkar Goswami, (born on 29 August 1956), is a Non-Executive and Independent Director of our Company. He holds a master’s degree in Arts (Economics) from the Delhi School of Economics and a Doctorate in Philosophy from Oxford University. He taught and researched economics for 18 years at Oxford, Delhi School of Economics, Harvard, Tufts University, Jawaharlal Nehru University, Rutgers University and the Indian Statistical Institute, New Delhi.

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Omkar Goswami

He has served on several government committees including as Chairman of the Committee on Industrial Sickness and Corporate Re-structuring and as member of the Working Group on the Companies Act; the CII Committee on Corporate Governance; the Rakesh Mohan Committee on Railway Infrastructure Reform; the Vijay Kelkar Committee on Direct Tax Reforms; the Naresh Chandra Committee on Auditor-Company Relationship; the N.R. Narayana Murthy SEBI Committee on Corporate Governance Reforms, among others.

He has been a consultant to the World Bank, the International Monetary Fund, the Asian Development Bank and the Organization for Economic Co-operation Development. He has been the Chief Economist of Confederation of Indian Industry.

He is author of various research papers and books on economic history, industrial economics, public sector, bankruptcy laws and procedures, economic policy, corporate finance, corporate governance, public finance, tax enforcement and legal reforms. He writes columns for newspapers and magazines. He was the editor of Business India magazine. He has more than 27 years of experience in the corporate sector.

LIST OF DIRECTORSHIPS:
1. Ambuja Cements Limited
2. Bajaj Finance Limited
3. Cairn India Limited
4. CERG Advisory Private Limited
5. Crompton Greaves Limited
6. Dr. Reddy’s Laboratories Limited
7. DSP BlackRock Investment Managers Private Limited
8. Godrej Consumer Products Limited
9. Hindustan Construction Company Limited
10. IDFC Financial Holding Company Limited
11. IDFC Limited
12. Infosys BPO Limited
13. Max Healthcare Institute Limited

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Dipak Poddar

Independent Director

Dipak Poddar, (born on 09 November 1943), is a Non-Executive and Independent Director of our Company. He was the Managing Director of our Company from April 1987 to March 2008. He is Chairman of Poddar Developers Limited. He holds a bachelor’s degree in Science (Honours), SB & SM (MIT) from Massachusetts Institute of Technology, USA.

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He has over three decades of experience in numerous sectors including in finance, tyre manufacturing, garment exports and low cost housing.

LIST OF DIRECTORSHIPS:
1. Bachhraj Factories Private Limited
2. Bajaj Allianz General Insurance Company Limited
3. Bajaj Finance Limited
4. Brite Merchants Limited
5. Poddar Bhumi Holdings Limited
6. Poddar Developers Limited
7. Poddar Habitat Private Limited
8. Poddar Heaven Homes Limited
9. Poddar Housing Private Limited
10. Poddar Infrastructure Private Limited
11. Poddar Leisure Infrastructure Private Limited
12. Poddar Natural Resources and Ores Limited
13. Poddar Residences LLP
14. Poddar Shikashan Sanstha
15. VIP Industries Limited

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Ranjan Sanghi

Independent Director

Ranjan Sanghi, (born on 06 May 1944), is a Non-Executive and Independent Director of our Company. He holds a bachelor’s degree in Commerce (Honours) from the Sydenham College of Commerce & Economics, University of Mumbai. He has been associated with the Company since its incorporation.

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Ranjan Sanghi

In 1983, he had the honor 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 Deutsche Bank for two years. He has extensive 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 business and industrial associations. He is also actively associated with a number of social, charitable and sports organizations. He was president of Bombay Gymkhana for two years and President of WIAA for one year. He has more than 47 years of experience, in finance, marketing and automobiles sectors.

LIST OF DIRECTORSHIPS:
1. Bajaj Finance Limited
2. HDFC Trustee Company Limited
3. Kemp & Company Limited
4. Morajee Textiles Limited
5. Rajesh Sanghi Auto Traders Private Limited
6. Sah & Sanghi Auto Agencies Private Limited
7. Suraj Sanghi Finance Limited
8. Tyresoles Concessionaires Private Limited

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Shri Anami Roy

Director

A N Roy, (born on 15 May 1950), is a distinguished former civil servant, having served in the Indian Police Service in Maharashtra and Govt of India for over 38 years. He held a wide variety assignments both in Maharashtra and the Central govt including Commissioner of Police, Aurangabad, Pune and Mumbai and retired as Director General of Police, Maharashtra, commanding a 2,25,000 strong Force .

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While in Govt of India, he headed the operations of the elite Special Protection Group, looking after proximate security of Prime Minister, former PMs 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 expectations like Citizen Facilitation Centres in Police Commissioner's office and later in all Police stations where all requirements of people from Police were dealt with in transparent, time-bound and hassle-free manner, Mumbai Police Infoline for giving all information from and about Police through a toll-free number, Elderline for senior citizens, Slum Police Panchayat etc.
He was appointed Advisor to the Governor of Andhra Pradesh when the state was under President's rule in 2014. In that capacity, he discharged effectively the responsibilities as a Minister of many departments of the state like Home, Industry and Commerce, Housing, PWD, Health, Medical Education, Social Welfare. He also dealt with the separation of Andhra Pradesh in two states AP and Telangana and supervised the General Elections of 2014 in both states.
Post retirement, Roy is engaged in the social/non-profit sector, he runs a not-for-profit company Vandana Foundation under section 8 Companies Act, for supporting people at the bottom of the pyramid with livelihood. Vandana Foundation helps widows of farmers who committed suicide in three districts of Vidarbha Wardha, Yavatmal and Amaravati to make them financially independent through micro-enterprise.
He is on the Board of Directors of some prominent companies like HDFC Bank, Glaxo Pharma, BHEL and some others. He is also involved in many other companies in Advisory capacity, on the India Advisory Board of Encore Capital Group of USA, TrueNorth Private Equity Fund. He brings with him a wide and rich experience of public service, functioning of governments at the state and central level and of his association with the corporate world.

LIST OF DIRECTORSHIPS:
1. Glaxosmithkline Pharmaceuticals Limited
2. Bajaj Finserv Limited
3. Bajaj Auto Limited
4. Mayar Infrastructure Development Private Limited
5. Good Host Spaces Private Limited
6. Vandana Foundation
7. Mayar Health Resorts Limited

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Dr. Naushad Forbes

Director

Dr. Naushad Forbes 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.
Naushad 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.
Naushad is on the Board of several educational institutions and public companies. He is the Chairman of Centre for Technology, Innovation and Economic Research in Pune.
Naushad has long been an active member of CII and has at various times chaired the National Committees on Higher Education, Innovation, Technology and International Business. He was President of CII for 2016 – 17.

LIST OF DIRECTORSHIPS:
1. Zodiac Clothing Company Limited
2. Bajaj Holdings & Investments Limited
3. Bajaj Finserv Limited
4. Bajaj Auto Limited
5. Forbes Marshall Private Limited
6. Krohne Marshall Pvt Ltd.
7. Forbes Marshall Arca Private Limited
8. J N Marshall Private Limited
9. Forbesvyncke Private Limited
10. Forbes Solar Private Limited
11. Forbes Marshall (Hyd) Private Limited
12. Centre for Technology Innovation and Economic Research
13. Forbes Marshall Steam Systems Private Limited
14. Forbes Marshall Codel Private Limited
15. Sempell Valves Private Limited
16. Rapideffect Private Limited
17. Forbes Polymetron Private Limited

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Dr Gita Piramal

Dr Gita Piramal

Independent Director

Gita Piramal, (born on 04 September 1954), is a Non-Executive and Independent Director of our Company. She holds a master’s degree in Arts (History) and a doctorate degree in Philosophy (Business) from the University of Mumbai. She has been associated with our Company since March 27, 2014.

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CURRENT ENGAGEMENT (2013 - )
Academic Research at University of Oxford

RECOGNITION
Featured in Thinkers 50 of 2014, at 30th rank
OWNER MANAGER (1992-2012)
For two decades, Gita contributed to several Piramal family companies in India in various positions. Gita launched a publishing company (2002), and a real estate company (2005). In 2012, she retired and gave up board responsibilities and management roles though she continues to be active in the real estate business.

WRITING & RESEARCH (1978 - )
Books:
‘Kamalnayan Bajaj – Architect of The Bajaj Group’ (private circulation)
All in top 10 best seller lists on launch - Business Maharajas, Business Legends, Managing Radical
Change, World Class in India, India's Industrialists and Business Mantras.
Edited Sumantra Ghoshal on Management with Julian Birkinshaw.
Chapters in 8 books.

Cases:
Five Indian cases studies in European Case Clearing House (ECCH).
Conducted case writing workshops for leading Indian business schools.

Print:
Commissioned and edited over 1,000 articles for The Smart Manager.
Over 500 articles for international and Indian publications.
Between 1988-1992, Gita and Christina Lamb the only two women journalists in the field at the UK's Financial Times.

Television:
Conceptualized and created content for three best-selling, award-winning programs for CNBC-TV18 ('Trial by Fire', 'Business Legends', 'Lessons in Excellence'). Scripted, edited, and featured or anchored over 100 television documentaries.

OTHERS
Non-profit:
Centre for Policy Research (2014-2016), Member, Governing Board

Trade & Industry Associations:
Catalyst, UK Trade & Industry (2011 - ), Member
Assocham (2010-2012) Patron Member
CII (2007-2012), Member, National Committee on Design

Educational Institutes:
London Business School (2002 - ) Member Global Advisory Board
Hindi Vidya Bhavan School, Mumbai (1994-1997 & 1999-2012) Member of the Governing Board
H R College of Commerce & Economics, Mumbai (2004-2012) Member Advisory Council
Academy of Human Resources Management, Ahmedabad (2001-2012) Member, Board of Directors
Piramal Education Trust, Rajasthan (1994-2005) Trustee

Others:
World Presidents' Organization (2004 - )
Young Presidents' Organization (2001-2004)

LIST OF DIRECTORSHIPS:

Bajaj Auto Limited
Bajaj Finance Limited
Bajaj Finserv Limited
Bajaj Holdings & Investment Limited
Piramal Properties Private Limited
Prism Management Consultancy Private Limited
Trimode Properties Private Limited

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