Chairman, Maharashtra Scooters Limited and President, CII for 2022-23

Sanjiv Bajaj is the Chairman of Maharashtra Scooters Limited, an Unregistered Core Investment company. He is also the Managing Director & CEO of Bajaj Holdings & Investment Limited (‘BHIL’) with effect from 01-04-2012 (earlier its Non-executive Director). As Managing Director of BHIL, his role includes building the strategy and team, and guiding this investment company, which has almost Rs.60,000 crore in cash and investments including over 30% stake in Bajaj Auto and around 40% in Bajaj Finserv.

He is also the Chairman and Managing Director of Bajaj Finserv Limited, the holding group company for all the financial service businesses of the Bajaj Group, which is one of the oldest and largest conglomerates of India. Bajaj Finserv consisting of lending and insurance companies has annual revenues of over $ 9.18 billion for FY22.

Under his leadership, Bajaj Finserv has emerged as one of India’s leading diversified financial services companies with solutions across lending, life insurance, general insurance, and wealth advisory category. With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, Sanjiv is known for pioneering digital consumer financing in India which helped transform the entire landscape of the financial services space.

He is the President of the Confederation of Indian Industry (CII) for 2022-23. Sanjiv has been engaged with CII for many years at the State, Regional and National level. He was the President-Designate of CII for 2021-22 and the Chairman of the Western Region during 2019-20. He has led CII National Committees on Insurance & Pensions and CII Taskforce on Fintech. He is an alumnus of the Harvard Business School, USA and a Member of the Board of Indian School of Business (ISB), Member of the International Advisory Board (IAB), Allianz SE and the International Technology Advisory Panel (ITAP) of Monetary Authority of Singapore (MAS) and Regional Stewardship Board for India and South Asia 2019-2020 of the World Economic Forum. He has several awards to his credit including AIMA’s Managing India Award’s Entrepreneur of the year 2019, ET’s Business Leader of the year 2018, Financial Express’ Best Banker of the year 2017-18, Ernst & Young’s Entrepreneur of the year in 2017 and Transformational Leader award at the 5th Asia Business Responsibility Summit in 2017. He is also a recipient of the Business World’s Most Valuable CEOs in India for 2015 & 2016.

Sanjiv is on the board of his group operating companies as the Chairman of Bajaj Finance Ltd., Bajaj Finserv Asset Management Limited and the two insurance subsidiaries i.e. Bajaj Allianz Life Insurance Company Ltd., and Bajaj Allianz General Insurance Company Ltd. Since 2012, he is the Managing Director of Bajaj Holdings & Investment Ltd. He is the former Executive Director of Bajaj Auto Ltd., and presently its non-executive director.

Sanjiv 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 a 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, with his wife Shefali and their two children.

V. Rajagopalan, Non – Executive Director

V. Rajagopalan, born on 24 April 1956, is President (Legal & Taxation) of Bajaj Finserv Limited since 1 January 2009 and is spearheading the new business initiatives of the Group in the field of financial services. He is a Chartered Accountant by profession. In his present role, he is responsible for acquisitions & structuring initiatives besides treasury, regulatory and legal oversight at the corporate level for the group’s financial services businesses.

Anish Amin, Non – Executive Director

Anish Praful Amin, born on 5 March 1964, is President – Group Assurance, Risk and HR of Bajaj Finserv Limited. He is a Chartered Accountant by profession. Prior to working with Bajaj group, he was a senior partner at Dalal & Shah (a member of the PwC International Network) and Price Waterhouse, Chartered Accountants (PWC). He has over 31 years of experience, including as a partner of Pricewaterhouse India for the last 10 years. He was a part of the assurance practice at Pricewaterhouse India and handled a practice comprising of wide-ranging businesses including manufacturing, trading, media, finance and insurance. He was also their sector leader for the insurance industry.

Yogesh Shah, Independent Director of the Company

Shri Yogesh Shah is a Chartered Accountant and one of the pioneer Pune based professional Share Broker since 1977 and is acknowledged for the trust of his clients and his fair dealings. He actively participated in the formation of Pune Stock Exchange Ltd. and was its Vice-President for 1982-83 and acted as its Director for several years. Having attended various seminars and short courses conducted by IIM-A, he also acted as Manger / Associate Manager to the Fixed Deposit Schemes of various reputed Public Limited companies. Shri Yogesh Shah is one of the largest Pune based Distributor of Mutual Fund Products and one of the top Mutual Fund Distributor in India.

He is also well versed with Income tax and Company law aspects, CSR, Corporate Governance, Compliance, HR, Risk Management etc, besides his expertise in Securities market.

Lila Poonawalla, Independent Director of the Company

Lila Poonawalla (born on 16 September 1944), holds B.E. Degree in Mechanical Engineering. She has also attended the 3-Tier Executive Program from IIM Ahmadabad, Marketing Program from Harvard Business School, Senior Executive Program from Stanford University and Advanced Marketing & Management program at IMDR Lausanne Switzerland. She is the former Chairperson and Managing Director of Tetra Pak India Limited and Alfa Laval India Limited.

She is serving on the boards of many leading companies, including Bajaj Auto Limited, Bajaj Alliance Life Insurance, Bajaj Alliance General Insurance, Bajaj Housing Finance Ltd, Volvo Eicher Commercial Vehicles, etc. In her long career, she has held many key positions and handled a range of senior assignments both in India and abroad, in reputed institutions and bodies.

She received the Padmashree Award, in the year 1989. She has also received an International recognition from the King of Sweden in 2003, with the Polar Star Award and was named as the Officer of the Royal Order.

Naresh Patni, Independent Director of the Company

Shri Naresh Patni holds a bachelor’s degree in science and Civil Engineering, i.e. B Sc., BE (Civil). He is associated with M/s. Patni Automobiles, Nagpur, one of the largest dealers of Bajaj Auto Ltd. and the most renowned names in Nagpur for serving customers with satisfaction from last 60 years. M/s. Patni Automobiles, Nagpur and M/s. Patni Auto Services LLP, Nagpur, Toyota vehicles dealer, is spearheaded by Shri Naresh Patni.

Shri Naresh Patni has a varied experience in the field of marketing / construction and banking. He is also associated with various educational institutions / social organisations based in Nagpur.