Sanjiv Bajaj (born 2 November 1969) is an Indian businessman and Chairman MD & CEO of

Bajaj Finserv 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. History The financial services and wind energy businesses were trans ...

Early life and education

Born into the

Bajaj family Bajaj may refer to: People *Bajaj (surname) Companies * Bajaj Group, a group of Indian firms in diverse businesses founded by Jamnalal Bajaj * Bajaj Auto, a manufacturer of two and three wheelers in India, Indonesia and South America, part of t ...

, Sanjiv is the great-grandson of founder Jamnalal Bajaj and the younger son of Bajaj Group chairman, Rahul Bajaj. He completed his schooling at a Catholic convent school run by the Swiss missionaries. He then pursued his mechanical engineering degree from the

University of Pune Savitribai Phule Pune University (SPPU), formerly the University of Poona, is a collegiate public state university located in the city of Pune, India. It was established in 1949, and is spread over a campus in the neighbourhood of Ganeshk ...

, masters degree in manufacturing systems engineering from the

University of Warwick The University of Warwick ( ; abbreviated as ''Warw.'' in post-nominal letters) is a public research university on the outskirts of Coventry between the West Midlands (county), West Midlands and Warwickshire, England. The university was founded i ...

, and a management degree from

Harvard Business School Harvard Business School (HBS) is the graduate business school of Harvard University, a private research university in Boston, Massachusetts. It is consistently ranked among the top business schools in the world and offers a large full-time MBA p ...

. Sanjiv is married to Shefali Bajaj and has two kids.

Career

Bajaj began his career in 1994 with

Bajaj Auto 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) ...

. During his years at Bajaj Auto, he dabbled in various roles, including heading finance, legal & international business functions within the organisation. He was credited in bringing American-style supply chain management in the Bajaj Auto using

General Motors The General Motors Company (GM) is an American Multinational corporation, multinational Automotive industry, automotive manufacturing company headquartered in Detroit, Michigan, United States. It is the largest automaker in the United States and ...

as a model. Currently, he is serving as the non-executive director of Bajaj Auto. After Bajaj Auto's demerger in 2007, Sanjiv took charge as the managing director of

. He took over additional roles like the chairman of

Bajaj Allianz Life Insurance 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. History The financial services and wind energy businesses were trans ...

and Bajaj Allianz General Insurance, vice chairman of Bajaj Finance, and managing director of Bajaj Holdings & Investment Limited in the year 2012. By 2017, under his leadership, Bajaj Allianz General Insurance became the 2nd most profitable insurance company in India. Sanjiv was the deputy chairman of

Confederation of Indian Industry The Confederation of Indian Industry (CII) is a non-governmental trade association and advocacy group headquartered in New Delhi, India, founded in 1895. CII engages business, political, academic, and other leaders of society to shape global ...

(CII) Western Region for 2018-19. He was also elected as the chairman of CII Western Region for 2019-20. For 2020-21, he was elected as the vice president of CII. In June 2021, he got elected as the President Designate of CII for 2021-22. and in May 2022, he took charge as the President of CII for 2022-23. Currently, he is the chairman and managing director of

. He was reappointed as managing director for five years in May 2022.

Controversies

In January 2022, Bajaj and his top management was threatened by a hacker for a possible cyber security attack on his group companies.

Awards

* Transformational Leader Award (large-cap category) 2017 at the Asian Center's Leadership, Corporate Governance, Sustainability & CSR Awards. *

Ernst & Young Ernst & Young Global Limited, trade name EY, is a multinational professional services partnership headquartered in London, England. EY is one of the largest professional services networks in the world. Along with Deloitte, KPMG and Pricewaterh ...

Entrepreneur of the Year Award 2017. * Economic Times Awards for Business Leader of the Year 2018. *

All India Management Association All India Management Association (AIMA) is the national apex body of the management profession in India. A not for profit, non-lobbying organisation, working closely with Industry, Government, Academia and students to further the cause of the m ...

's Managing India Awards - Entrepreneur of the Year 2019. * Financial Express– Banker of the Year 2019.

References

{{DEFAULTSORT:Bajaj, Sanjiv Living people 1969 births Businesspeople from Pune Indian billionaires Marwari people Harvard Business School alumni Savitribai Phule Pune University alumni Bajaj Group Sanjiv