People: Bajaj Auto Ltd (BAJA.BO)
Shri. Sanjiv Bajaj is Non-Executive Director of Bajaj Auto Limited 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. His role includes guiding the current businesses and building new ones in the financial services space. Vice Chairman of Bajaj Finance Ltd. with effect from 15-10-2013. Non-executive Chairman of Bajaj Allianz Life Insurance Company and Bajaj Allianz General Insurance Company with effect from 01-04-2013. (Non-executive Director of these two companies from their inception in 2001). 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 almost H 40,000 crore in cash and investments, including over 30% stake in Bajaj Auto and around 40% in Bajaj Finserv. Former Executive Director of Bajaj Auto Ltd. (until 31 March 2012), having headed Finance and Control, legal and international business functions of Bajaj Auto over different periods from 1994 until 2012 and currently its Non-Executive Director.
|Total Annual Compensation, INR||2,000,000|
|Restricted Stock Awards, INR||--|
|Long-Term Incentive Plans, INR||--|
|All Other, INR||--|
|Fiscal Year Total, INR||2,000,000|