Sanjiv Bajaj | |
---|---|
Born | 2 November 1969 |
Nationality | Indian |
Alma mater | University of Pune, University of Warwick, Harvard University |
Occupation | Businessman |
Title | Chairman & MD, Bajaj Finserv |
Term | 2008–present |
Spouse | Shefali Bajaj |
Children | 2 |
Parent(s) | Rahul Bajaj, Ruparani Bajaj |
Relatives | See Bajaj Family |
Sanjiv Bajaj (born 2 November 1969) is an Indian billionaire businessman who currently serves as the Chairman and Managing Director of Bajaj Finserv. [1] [2]
Born into the Bajaj family, Sanjiv is the great-grandson of founder Jamnalal Bajaj and the younger son of Bajaj Group chairman Rahul Bajaj. [3] He completed his education at a Swiss missionaries-run Catholic convent school. [4] He then pursued his mechanical engineering degree from the University of Pune, masters degree in manufacturing systems engineering from the University of Warwick, and his management degree from Harvard Business School. [5] [6] [7]
Bajaj began his career in 1994 with Bajaj Auto. [8] [9] During his years at Bajaj Auto, he held various leadership roles [10] [11] in finance, legal, and international business functions within the organisation. [12] [13] [14] He was credited with bringing American-style supply chain management to Bajaj Auto, using General Motors as a model. [15] [16] [17] Currently, he serves as the non-executive director of Bajaj Auto. [18]
After Bajaj Auto's demerger in 2007, Bajaj took charge as the managing director of Bajaj Finserv. [19] [20] Also, he took on additional roles like the chairman of Bajaj Allianz Life Insurance and Bajaj Allianz General Insurance, vice chairman of Bajaj Finance, and managing director of Bajaj Holdings & Investment Limited in 2012. [21]
Market analysts indicated in 2015 that Bajaj is shaping his company in a manner similar to GE Capital. [22] [23] In 2023, he led the launch of Bajaj Finserv Mutual Fund. [24]
Bajaj was the deputy chairman of the Confederation of Indian Industry (CII) Western Region for 2018-19. [25] He was also elected as the chairman of the CII Western Region for 2019-20. [25] For 2020-21, he was elected as the vice president of CII. [26] In June 2021, he got elected as the President Designate of CII for 2021-22. [27] [28] In May 2022, he took charge as the President of CII for 2022-23. [29] [30]
Currently, he is the chairman and managing director of Bajaj Finserv. [31] [32] [33] He was reappointed as managing director for five years in May 2022. [34]
As a part of the Confederation of Indian Industry's B20 India Secretariat, Bajaj was appointed as one of the B20 India participants, a position in which he fulfilled a part of a group that led the business agenda during India's G-20 presidency. [35] [36]
In January 2022, Bajaj and his company's higher management were threatened by a hacker for a possible cyber security attack on his group companies. [37]
Sanjiv is married to Shefali Bajaj and has two kids. [7]
Bajaj Auto Limited is an Indian multinational automotive manufacturing company based in Pune. It manufactures motorcycles, scooters and auto rickshaws. Bajaj Auto is a part of the Bajaj Group. It was founded by Jamnalal Bajaj (1889–1942) in Rajasthan in the 1940s.
Ajay Gopikisan Piramal is an Indian billionaire businessman, and the chairman of the Piramal Group, a conglomerate with interests in pharmaceutical, financial services, real estate, healthcare analytics and glass packaging. As of July 2024, his net worth is estimated at US$2.8 billion.
St. Columba's School in Delhi, India, established in 1941, is one of the 12,000 English medium schools of its kind established by the Indian Province of the Congregation of Christian Brothers, which was founded by Edmund Ignatius Rice. The school's campus is located in the heart of Delhi and extends over a couple of acres. St. Columba's School alumni include three Rhodes Scholars, a Pulitzer Prize winner, and a Forbes 30 Under 30 awardee. Students are referred to as Columbans. The school admits only boys.
Uday Suresh Kotak is an Indian billionaire banker and founder of Kotak Mahindra Bank, where he is a non-executive director. He resigned from his CEO position in September 2023. He handed over the digital banking CEO role to his son, Jay Kotak.
The Confederation of Indian Industry (CII) is a non-governmental business and industry organisation and advocacy group headquartered in New Delhi, India, founded in 1895.
Rahul Bajaj was an Indian billionaire businessman and politician. He was the chairman emeritus of the Indian conglomerate Bajaj Group. He was awarded the third-highest civilian award in India, the Padma Bhushan, in 2001.
Nikhil Nanda is an Indian businessman. He is the Chairman and Managing Director (CMD) of Escorts Kubota Limited, an Indian multinational engineering conglomerate that specialises in agricultural, construction and railways equipment and machinery. He is a third-generation entrepreneur, being the grandson of Raj Nanda and Har Prasad Nanda, who founded the company in 1944, and son of Rajan Nanda, who served as the CMD of the group util August 2018.
Gita Piramal is an Indian writer and business historian.
The Economic Times Awards for Corporate Excellence are the awards conferred by The Economic Times in the field of business, corporate and government policies, economies in India. It is an annual awards, conferred in various categories. Since 2017, Deloitte Touche Tohmatsu India LLP (Deloitte) has been the title sponsor of the awards. The 2018 leg of the awards will be held on 22 November in Mumbai.
Bajaj Group is an Indian multinational conglomerate founded by Jamnalal Bajaj in Mumbai in 1926. The group comprises 40 companies and its flagship company Bajaj Auto is ranked as the world's fourth largest two- and three-wheeler manufacturer. The group has involvement in various industries that include automobiles, home appliances, lighting, iron and steel, insurance, travel and finance. Bajaj immensely benefited from license Raj due to their affiliation to the then ruling Nehru–Gandhi family.
Thachat Viswanath Narendran is an Indian business executive. He is currently the global CEO and Managing Director of Tata Steel, one of the largest steel producers in the world. He is the current President of Confederation of Indian Industry.
Sumant Sinha is an Indian businessman. He is the Founder, Chairman and CEO of ReNew, a renewable energy company and the first Indian renewable energy company to list on Nasdaq. A first-generation entrepreneur, Sumant founded ReNew in 2011.
Bajaj Finserv Limited is an Indian non-banking financial services company headquartered in Pune. It is focused on lending, asset management, wealth management and insurance.
ITC Limited is an Indian conglomerate company, headquartered in Kolkata. It has a presence across six business segments, namely FMCG, hotels, agribusiness, information technology, paper products, and packaging. It generates a plurality of its revenue from tobacco products.
Kunal Bahl is an Indian technology entrepreneur and investor.
Rajiv Memani is the Chairman & Regional Managing Partner of EY India,.
V. Vaidyanathan is an Indian banker who is the Managing Director and Chief Executive Officer (CEO) of IDFC First Bank, formed after the merger of IDFC Bank and Capital First. Prior to assuming this role, he held the position of Chief Executive Officer at ICICI Prudential Life Insurance and was a member of the Board of Governors at ICICI Bank since 2006.
Bajaj Finance Limited (BFL) is a deposit-taking Indian non-banking financial company headquartered in Pune. It has a customer base of 88.11 million and holds assets under management worth ₹354,192 crore (US$42 billion), as of June 2024.
Sanjiv Mehta is an Indian business executive, and the former chairman and managing director (MD) of Hindustan Unilever Limited, India's largest fast moving consumer goods (FMCG) company and one of the top five most valuable companies in India. Mehta became the CEO and MD of Hindustan Unilever in October 2013, and in June 2018 was appointed chairman. He also heads Unilever's business in South Asia, as cluster president encompassing businesses in India, Pakistan, Bangladesh, Sri Lanka and Nepal. Mehta is a member of the Unilever leadership executive, its global executive board.
The 2023 Union Budget of India was presented by the Minister of Finance of India on February 1, 2023. This was the fourth budget of Narendra Modi-led NDA government's second term, starting from 2020. The Economic Survey for 2022–2023 was released on January 31, 2023 before the budget.