Leadership Team

Sanjiv Bajaj is the Chairman and Managing Director of Bajaj Finserv Limited, the holding company of the financial services businesses of the Bajaj Group, one of India’s oldest and largest conglomerates, with consolidated revenue of over ₹ 82,072 crore ($ 10.04 billion)* and consolidated profit after tax of over ₹ 6,417 crore ($ 0.78 billion)* for FY2022-23.

Under his leadership, Bajaj Finserv Limited has emerged as one of India’s leading diversified financial services companies with solutions across lending, life insurance, general insurance, and wealth advisory categories. With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, he has reshaped digital consumer financing in India.

Sanjiv is on the board of his group operating companies as the Chairman of Bajaj Finance Limited, Maharashtra Scooters Limited, Bajaj Finserv Asset Management, Bajaj Housing Finance Limited and the two insurance subsidiaries, i.e., Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited. He is also the Managing Director of Bajaj Holdings & Investment Limited (since 2012) and serves as a non-executive director at Bajaj Auto Limited.

Sanjiv was the President of the Confederation of Indian Industry (CII), FY 2022-23. He is also a member of the Steering Committee appointed by the Government of India for B20 as part of India’s G20 Presidency FY 2022-23.

Sanjiv is an alumnus of the Harvard Business School, USA. He is a member of the Board of the Indian School of Business (ISB), a Member of the International Advisory Board (IAB), Allianz SE and the International Technology Advisory Panel (ITAP) of the Monetary Authority of Singapore (MAS), and the Regional Stewardship Board for India and South Asia 2019-2020 of the World Economic Forum. Over the years, he has been lauded with several prestigious honours for his contribution to the financial services space, including:

• AIMA’s Transformational Business Leader 20
• AIMA’s Entrepreneur of the year 2019
• Economic Times Business Leader of the year 2018
• Financial Express Best Banker of the year 2017
• Ernst & Young Entrepreneur of the year in 2017
• Transformational Leader award at the 5th Asia Business Responsibility Summit in 2017
• Business World’s Most Valuable CEOs in India for 2015 and 2016

He has a bachelor’s degree in mechanical engineering (first class with distinction) from the University of Pune, a master’s degree in manufacturing systems engineering (with distinction) from the University of Warwick, UK and a master’s degree in business administration (with distinction) from the Harvard Business School, USA. He lives in Pune, Maharashtra, with his wife, Shefali and their two children.

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Rajeev Jain is the Managing Director and a member of the executive management team of Bajaj Finance Limited. Charting an ambitious growth trajectory for the company, Rajeev has transformed it from a captive auto financing company into one of India’s largest and most diversified NBFC companies.

Rajeev joined Bajaj Finance Limited in 2007 as the CEO. Since then, he has been leading the company towards a ‘new way of doing business’ by envisaging it as an omnipresent financial services company that enables customers to engage, transact, and get serviced seamlessly – online and offline.

An unwavering champion of innovation and disruptive ideas, Rajeev harnessed the power of digital technologies to deliver faster solutions and seamless experiences for customers amidst a rapidly evolving digital landscape.

Rajeev is an industry veteran with nearly three decades of stellar experience managing diverse consumer lending businesses, including auto loans, durable loans, personal loans, and credit cards. He has spent a decade and a half with Bajaj Finance Limited, driving long-term, profitable businesses and large-scale digital transformations to create long-term value for shareholders.

Before Bajaj Finance, he worked with GE, American Express, and AIG.

Rajeev holds a Bachelor’s degree in Commerce from the American College in Madurai and a Management degree from the T.A. Pai Management Institute, Manipal.

S. Sreenivasan is the Chief Financial Officer and President (Finance) of Bajaj Finserv Limited. As a part of the executive team, he manages the Group’s long-term strategy and yearly operational plans, capital management, investor relations, and corporate governance. He is also the driving force behind providing value to the shareholders of Bajaj Finserv.

S. Sreenivasan has been instrumental in the transformational journey and consistent performance of the insurance subsidiaries - Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited and serves as a Director on their boards. He is also the Chairman of Bajaj Financial Securities Limited.

He has a distinguished career spanning more than 36 years in corporate strategy, portfolio management, life and general insurance, mergers and acquisitions, financial systems, and board operations. Over the years, S. Sreenivasan has developed and mentored a talent pool of finance specialists who are now emerging as the sector’s CFOs and financial controllers.

He is a Regular Member of the CFA Institute (Virginia, USA), an Associate Member of the Institute of Chartered Accountants of India, and a Graduate Member of the Institute of Cost and Works Accountants of India.

Sreenivasan is a B.Sc. Physics graduate from the University of Kerala. He holds an MBA from IIM Kolkata, and is a qualified Chartered Accountant, Cost Accountant, and Chartered Financial Analyst (CFA Institute, Virginia, USA).

Tapan Singhel is a dynamic and versatile corporate leader and has an extensive experience of 30 years in the insurance industry. Tapan is a founding member of Bajaj Allianz General Insurance, one of the biggest private sector general insurance companies in India. He has been heading the company as its MD and CEO for over a decade now and has played an instrumental role in making the organisation a renowned brand. Under his leadership, the company has served more than 13 crore customers and has built a robust network of partners and distributors. His stellar success can be attributed to his unequivocal customer devotion and a deep-seated desire to help others.

Tapan has been recognised as ‘LinkedIn Top Voice’ in India in 2018 and 2019. He is the Chairman of the CII’s Insurance and Pensions Committee. He received the ‘Lifetime Achievement Award’ at the 25th Asia Insurance Industry Awards 2021. He has won ‘CEO of the Year’ for India and Asia-Pacific region at the IDC Future Enterprise Awards 2021.

He was recognised as the ‘Personality of the Year’ at Quantic’s BFSI Excellence Awards in 2021, India Insurance Summit & Awards 2019, 22nd Asia Insurance Industry Awards 2018 and Indian Insurance Summit 2017. He was awarded the ‘Most Promising Business Leader’ of Asia 2018 and the ‘Most Inspiring CEO – 2022’ by The Economic Times. These are just a few recognitions from a very long list of awards that he has won throughout his illustrious career.

Tarun Chugh is a seasoned industry veteran with nearly three decades of experience in the financial services industry. He worked in the Indian life insurance industry for more than 20 years in leadership positions. Over time, Tarun developed a reputation as a transformational leader, driving tremendous evolution within the companies he worked for. His professional mantra is to design turnkey strategies and adopt disruptive initiatives to build sustainable long-term businesses that offer value to all stakeholders.

Whether it is turning around business functions or the whole organisation towards profitability, Tarun believes in delivering through teams that think innovation, leverage new-age technology, and are engaged and driven to offer customer delight. He is also known for his strategic orientation, and for building long-lasting relationships across stakeholder groups.

In addition to his role at Bajaj Allianz Life, Tarun is a Member of the Governing Council of Insurance Information Bureau of India. He serves as a Member of the Distribution Committee of Insurance Regulatory and Development Authority (IRDA). Tarun is also on the Board of Governors of IIM Sambalpur, and on the Advisory Board of Christ University, Lavasa. He is the ex-Elected Member of the Executive Committee of Life Insurance Council of India.

Tarun’s past professional roles include MD & CEO of PNB MetLife and the Chief Distribution Officer at ICICI Prudential Life. He also spent over a decade as an Investment Banker.

An alumnus of IIT Delhi and an MBA graduate from IIM Lucknow, Tarun is an avid reader and a tech enthusiast. His wife, Simran, and his sons actively engage with several causes around them, including working with Poona School and Home for the Blind, RK Mission, and more.

Devang Mody joined Bajaj Finance in 2008 and moved on to lead Bajaj Finserv Health – a health-tech company, in 2019. From the company's most popular credit offering - 0% EMI loans for Consumer goods and other segments to its EMI cards, Devang has led several key digital initiatives at Bajaj Finserv. As the CEO of Bajaj Finserv Health, he created the 'Aarogya Care' – a unique healthcare product covering Health Insurance, OPD, Labs, Loyalty and Application benefits. Devang is passionate about solving real-life problems at scale and believes that technology is the enabler in making this a reality at a much lower cost. He says, "If passionate people are guided to achieve objectives, which can impact society positively, a scalable business model can be created."

Devang is a Wharton alumnus and a Chartered Accountant. Before working with Bajaj Finserv, he was associated with General Electric Money, where he held varied roles spanning six sigma, cross-sell, product management and business development. He was also involved in Business process Re-engineering for Petrochemical, Cement, and Software services customers at Ernst & Young.

Ashish Panchal is the Chief Executive Officer of Bajaj Finserv Direct Limited (BFDL), a 5+year-old subsidiary of Bajaj Finserv Ltd. operating at the leading edge of finance & technology. BFDL operates under 2 divisions, a BFSI Marketplace, digitally sourcing and distributing products across Retail Banking (loans & credit cards), Insurance (LI & GI) & Investments (FD, MF, NPS etc.) for various partners pan India and a Technology services division offering digital technology services in the BFSI domain with a portfolio of a specialisations and functional offerings across lending, insurance and investments.

Ashish is a seasoned professional with experience in manufacturing, FMCG, retail banking and payments with 25 years of experience in strategic roles across various business verticals. He has been a part of the Bajaj Finserv group of companies for more than 12 years. Before assuming his role as the CEO of BFDL, he served as the President of Rural Business, Investment Business, Insurance Business & Corporate Strategy at Bajaj Finance Limited.

Over the years, Ashish has successfully managed start-ups and high-growth, high-scale businesses that have withstood various economic cycles to lead them to grow in scale and profitability. He leverages his strong people management skills to drive innovative, customer-centric solutions to business problems.

Before joining Bajaj Finance Limited, Ashish held leadership positions at Citibank and Barclays.

Ashish is an alumnus of the Harvard Business School (AMP 200, 2021). He completed his master’s degree in Management Studies from the Jamnalal Bajaj Institute of Management Studies in 1999 and his Mechanical engineering from Walchand Institute of Technology in 1996.

Ganesh Mohan is the Chief Executive Officer of Bajaj Finserv Asset Management Limited, the wholly-owned subsidiary of Bajaj Finserv Limited. Bajaj Finserv Asset Management, the latest venture from Bajaj Finserv Limited, is aimed at playing a pivotal role in the investment space. This venture offers multiple innovative funds and investment solutions to assist investors in achieving their financial goals.

Ganesh joined Bajaj Finserv in 2015 as the Group Head of Strategy. With a focus on fostering innovation and developing newer capabilities for the companies, he has played a crucial role in leading several important transformational projects for the Group, including scanning the financial services landscape for potential future opportunities in India and across the globe.

Before joining Bajaj Finserv Limited, Ganesh was a Partner with the Boston Consulting Group and worked with them for 16 years in the US, Europe, the Middle East, and India. His primary professional affiliations were with organisational and financial services.

Ganesh holds a B.Tech (Hons) in Chemical Engineering from IIT Kharagpur, and an MBA from IIM Calcutta, in Finance and Strategy. In his spare time, Ganesh loves listening to Indian classical music and enjoys hiking in the highlands with his triplets.

V. Rajagopalan is the President of Legal and Taxation at Bajaj Finserv Limited.

He has been spearheading the new business initiatives for the Bajaj Finserv companies in the financial services sector since joining the Group in 2009. In his current position, he oversees all the initiatives related to acquisition structuring, treasury, regulatory and legal matters at the corporate level. Additionally, he serves on the board of the operating companies of Bajaj Finserv Limited.

V. Rajagopalan is a certified Chartered Accountant, Cost Accountant, and Company Secretary with a law degree.

He is an Associate Member of the Indian Institute of Banking and Finance and a Member of the Institute of Chartered Accountants of India.

Anish Amin is the President and Head of the overall functions of Risk, Assurance, M&A and Human Resources at Bajaj Finserv Limited. He joined the organisation in 2019 to oversee the assurance and risk function. Later, he took up the Group’s HR function as an additional portfolio to his present responsibilities.

As the Group Head of Assurance and Risk, Anish oversees the risk management process of identifying potential risks that could lead to a capital call or affect the brand’s reputation. Additionally, he leads a team of experts to evaluate and oversee the M&A opportunities and proposals that the company may encounter.

Before joining Bajaj Finserv Limited, Anish was a Senior Partner at Dalal & Shah (a member of the PwC International Network). He was a Partner in the Assurance Practice at PricewaterhouseCoopers, India and led diverse businesses, including manufacturing, trading, finance, and insurance. Anish was also their Sectoral Leader in the insurance industry.

Anish Amin has over three decades of diverse industry experience and a proven track record in risk management, compliance with accounting standards, company law matters, and general regulatory frameworks. He leads the task force in driving the Group’s commitment towards the identification and mitigation of emerging risks.

Purav Jhaveri is the President of Investments at Bajaj Finserv Limited. He joined the organisation in 2020 and oversees the Investment teams across the Group. He also serves on various Investment committees.

Purav is responsible for the investment process development and enhancements. He has been striving to integrate ESG into the investment process. He also mentors talent to achieve investment objectives and optimise investment performance.

Before joining Bajaj Finserv, Purav was the Managing Director of Investment Strategy and Portfolio Manager with Franklin Templeton Investments, USA, and handled Investment teams across 16 countries. An investment industry veteran since 1994, Purav also managed a global equity fund and an actively managed International ETF.

Purav has an MBA from The Wharton School of the University of Pennsylvania. He earned his Master’s in Management from NMIMS, Mumbai.

He is a Chartered Financial Analyst (CFA) charterholder and has a Financial Risk Manager (FRM) certification from the Global Association of Risk Professionals. Purav is a member of the CII National Committee on Financial Markets.

Kurush Irani is the President- Group Head of CSR at Bajaj Finserv Limited. He's responsible for designing the overarching strategy for the Group's Corporate Social Responsibility initiatives and formulating goals, policies and programmes. He looks after the development and execution of various plans to identify the environmental impact of the Company's operations and value-creating sustainability initiatives.

He has been with Bajaj Finance Limited since 2015. He was leading Operations and Customer Experience and was instrumental in implementing technology solutions to deliver scale and build strong customer relationships to further the growth of the organisation. In the last three years, he took additional charge of the development, deployment and institutionalisation of the BFL digital ecosystem through the Bajaj Finserv App. He has previously worked with leading organisations like Genpact, Capital One and Citibank.

Having worked for 8 years with the organisation, Kurush has taken on the new role of President- Group Corporate Social Responsibility. Skilling, holistic development and the well-being of children and youth are Kurush's primary focus areas, concording with the implementation of the Company's business strategies and operational objectives.

Kurush studied Engineering at Mumbai University and subsequently did his Masters's in Management from Jamnalal Bajaj Institute of Management. He likes to travel and experience different cultures.

Dr. N Srinivasa Rao is Chief Economist and President, Corporate Affairs, at Bajaj Finserv Ltd. In his role, Dr. Rao leads engagement with external stakeholders and oversees government relations for Bajaj Finserv and its group companies. Dr. Rao is also a senior advisor to the management of Bajaj Finserv and its companies, on aspects of regulation, policy and business sustainability.

In a career spanning 28 years as a bureaucrat and economist, being a member of the Indian Economic Service (IES), Dr. Rao has extensively served the Government of India, state government and regulatory bodies in senior roles, structuring and leading the implementation of financial market reforms, developing policies for financial inclusion, and the insurance, pension, agriculture and rural development sectors.

Dr. Rao is credited with leading the insurance sector, G20, ASEAN Affairs and BRICS-related matters during his stint as Director and Economic Advisor at the Department of Economic Affairs as well as the Department of Financial Services, Ministry of Finance.

During his tenure at the finance ministry, Dr. Rao is also recognized for successfully drafting the 2015 Insurance Laws Amendment Bill as well as subsequent rules and regulations on insurance sector reforms.

Dr. Rao has been the Government Nominee at Insurance Regulatory and Development Authority of India (IRDAI) and a member of the Governing Council of the Institute of Actuaries. As Financial Advisor & CAO at IRDAI, Dr. Rao was instrumental in formulating investment policy regulations for the insurance industry in India.

Dr. Rao has also served on the Boards of Indian Bank, Vijaya Bank, Oriental Insurance Company, Agriculture Insurance Company of India and Bharatiya Mahila Bank. He played a significant role in the initial mergers of public sector banks that came to redefine the country’s banking space, i.e. the merger of Bharatiya Mahila Bankwith State Bank of India and subsequently the successful merger of Vijaya Bank and Dena Bank with Bank of Baroda.

Dr. Rao is a Postgraduate in Economics and holds a doctorate in Economics from the University of Hyderabad.

Ramaswamy, better known as Sam to many in the financial industry, holds deep expertise in business strategy, deals, investments, turnarounds and fundraising.

In his role, Sam oversees investment strategy and is responsible for identifying and investing in businesses to build a portfolio that lends synergy to Bajaj Finserv businesses, especially in the financial technologies, services, data analytics and related financial services spaces.

His role also involves proactive risk-mitigation in investment planning and management through use of data analytics and business insights.

Before joining Bajaj Finserv, Sam was CEO at Brand Capital, part of the Bennett Coleman & Company Ltd. (Times Group), where he is credited with significant investments in brand-led companies, restructuring the business during challenging times for driving growth, and building a very large portfolio of venture investments and several profitable exits.

Previously, Sam was entrepreneur and founded Sprout Growth Advisors, a Family Office advisory firm, with operations in Mumbai and New York.

In a career spanning 28 years and several countries, Sam has also led teams and business strategies at Houlihan Lokey India JV as Managing Partner & Board Director, India Equity Partners Fund as Co-founder and Managing Director, American Express Company as Vice President, Strategic Planning and Business Development, Goldman Sachs as Private Wealth Manager, and Booz Allen Hamilton as Consultant.

Sam holds a Bachelor’s degree in Civil Engineering from India’s premier institute, IIT Madras, a Master of Science degree from Vanderbilt University, US, and is an MBA from Booth School of Business, University of Chicago.

Sam has served as Economic Advisor to HH the Dalai Lama’s Central Tibetan Administration (CTA), Mcleod Ganj, India.

Sam is also recipient of the Bharat Shiromani Award as Entrepreneur of the Year 2019.