Review Committee for Wilful Defaulter's Identification

Sanjiv Bajaj is the Chairman of Bajaj Finance Limited and Chairman and Managing Director of Bajaj Finserv Limited, the holding company of the financial services businesses of the Bajaj Group, one of India’s oldest and largest conglomerates, with 9M consolidated revenue of over Rs. 58,447 crore ($ 7.14 billion)* and consolidated profit after tax of over Rs. 4,648 crore ($ 568 million)* for FY2022-23.

*US$ considered at INR 81.82 as on December 31, 2022.

Under his leadership, Bajaj Finserv Limited has emerged as one of India’s leading diversified financial services companies with solutions across lending, life insurance, general insurance, and wealth advisory categories. With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, he has reshaped digital consumer financing in India.

Sanjiv is on the board of his group operating companies as the Chairman of Bajaj Finance Limited, Bajaj Housing Finance Limited, Maharashtra Scooters Limited, Bajaj Finserv Asset Management Company Limited and the two insurance subsidiaries, i.e., Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited. He is also the Managing Director of Bajaj Holdings and Investment Limited (since 2012) and serves as a non-executive director at Bajaj Auto Limited.

Sanjiv is the President of the Confederation of Indian Industry (CII) for 2022-23. He is a member of the Steering Committee appointed by the Government of India for B20 as part of India’s G20 Presidency FY 2022-23.

Sanjiv is an alumnus of the Harvard Business School, USA. A Member of the Board of the Indian School of Business (ISB), a Member of the International Advisory Board (IAB), Allianz SE and the International Technology Advisory Panel (ITAP) of Monetary Authority of Singapore (MAS) and the Regional Stewardship Board for India and South Asia 2019-2020 of the World Economic Forum. Over the years, he has been lauded with several prestigious honours for his contribution to the financial services space, including:

• AIMA’s Transformational Business Leader
• AIMA’s Entrepreneur of the year 2019
• Economic Times Business Leader of the year 2018
• Financial Express Best Banker of the year 2017
• Ernst & Young Entrepreneur of the year in 2017
• Transformational Leader award at the 5th Asia Business Responsibility Summit in 2017
• Business World’s Most Valuable CEOs in India for 2015 and 2016

He 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 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, Maharashtra, with his wife, Shefali and their two children.

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Rajeev Jain is the Managing Director and a member of the executive management team of Bajaj Finance Limited. Charting an ambitious growth trajectory for the company, Rajeev has transformed it from a captive auto financing company into one of India’s largest and most diversified NBFC companies.

Rajeev joined Bajaj Finance Limited in 2007 as the CEO. Since then, he has been leading the company towards a ‘new way of doing business’ by envisaging it as an omnipresent financial services company that enables customers to engage, transact, and get serviced seamlessly – online and offline.

An unwavering champion of innovation and disruptive ideas, Rajeev harnessed the power of digital technologies to deliver faster solutions and seamless experiences for customers amidst a rapidly evolving digital landscape.

Rajeev is an industry veteran with nearly three decades of stellar experience managing diverse consumer lending businesses, including auto loans, durable loans, personal loans, and credit cards. He has spent a decade and a half with Bajaj Finance Limited, driving long-term, profitable businesses and large-scale digital transformations to create long-term value for shareholders.

Before Bajaj Finance, he worked with GE, American Express, and AIG.

Rajeev holds a Bachelor’s degree in Commerce from the American College in Madurai and a Management degree from the T.A. Pai Management Institute, Manipal.

Anami N Roy is an Independent Director at Bajaj Finance Limited. He is a well-known former civil servant. He was head of operations of the elite Special Protection Group while in Govt. of India, supervising security of Prime Minster and former PMs during the tenure of four PMs during which he had the opportunity to work and interact with elite forces of all States in India and many countries of the world.

During his nearly four decades of dedicated tenure in the Indian Police Service, Shri Roy held variety of challenging assignments both in Maharashtra and Govt. of India including Police Commissioner of Mumbai and Director General of Police, Maharashtra State. He launched multiple innovative initiatives and schemes for time-bound and simplified delivery for people’s expectations from the Police towards making Police more accessible to people. Passionate about bringing in technology in multiple areas of policing, his Mumbai Police Infoline, Citizen Facilitation Centers, Elderline are some of those which became very popular and useful and made him known as “People’s Commissioner”. Post retirement, he is engaged in the social/non-profit sector; and runs a not-for-profit company, Vandana Foundation for supporting people at the bottom of the pyramid with livelihood.

He is on the Board of many prominent companies. He is also involved in many other companies in an Advisory capacity. He brings with him a wide and rich experience of public service and functioning of governments at the state and central level.

Radhika Haribhakti is an Independent Director at Bajaj Finance Limited. She has over 30 years of experience in Commercial and Investment Banking with Bank of America, JM Morgan Stanley, and DSP Merrill Lynch. She has advisedRadhika Haribhakti is an Independent Director at Bajaj Finance Limited. She has over 30 years of experience in commercial and investment banking, working with Bank of America, JM Morgan Stanley, and DSP Merrill Lynch. She has advised several giant corporates and led their equity and debt offerings in domestic and international capital markets. She currently provides advisory services at RH Financial but primarily serves as an Independent Director on multiple corporate boards.

She serves on the Boards of Directors of several companies, including ICRA Limited, EIH Associated Hotels Limited, Navin Fluorine International Limited, NOCIL Limited, and Torrent Power Limited. She is a member of several board committees at these companies, some of which she chairs.

Radhika Haribhakti has been closely associated with women empowerment and financial inclusion and has over 18 years of experience serving on non-profit boards, including 12 years as chairperson. She is the former Chair of Friends of Women’s World Banking (FWWB) and Swadhaar FinAccess, two non-profits engaged in providing financial solutions to women in economically disadvantaged communities. She also previously served on the Governing Council of Citigroup Micro Enterprise Award and CII’s National Committee on Women Empowerment.

Radhika Haribhakti has a graduation degree in Commerce from Gujarat University. She is also a postgraduate in management from IIM Ahmedabad. several large corporates and led their Equity and Debt offerings in domestic and international capital markets. She now offers advisory services at RH Financial but primarily serves as an Independent Director on multiple Corporate Boards.

She is on the Boards of Directors of ICRA Limited, EIH Associated Hotels Limited, Navin Fluorine International Limited, NOCIL Limited and Torrent Power Limited. At these companies, she is a member of several board committees, including some of which she chairs.

Radhika Haribhakti has been closely associated with women empowerment and financial inclusion and has over 18 years of experience serving on non-profit boards, including 12 years as chairperson. She is the former Chair of Friends of Women’s World Banking (FWWB) and Swadhaar FinAccess, two non-profits engaged in providing financial solutions to women in economically disadvantaged communities. She also previously served on the Governing Council of Citigroup Micro Enterprise Award and CII’s National Committee on Women Empowerment.

Radhika Haribhakti has a graduation degree in Commerce from Gujarat University. She is also a postgraduate in management from IIM Ahmedabad.