People: Bajaj Auto Ltd (BAJA.BO)
23 Jan 2015
Shri. Sanjiv Bajaj is Non-Executive Director of Bajaj Auto Ltd., since April 01, 2012. 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 Ltd. 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. Since 2013, he is the Vice Chairman of Bajaj Finance Ltd. His role includes guiding the current businesses and building new ones in the financial services space. He is Chairman of Bajaj Allianz Life Insurance Company and Bajaj Alliance General Insurance Company with effect from 01-04-2013. Was the Non-Executive Director of these two companies from their inception in 2001 upto 31 March 2013. Managing Director of Bajaj Holdings & Investment Ltd. with effect from 01-04-2012 (earlier its Non-executive Director). 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 and around 40% in Bajaj Finserv.
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