NAME : RAJESHWARI SATISH VEER

ROLL NO : 21MBABFS060
PDPE : ACTIVITY 3
SANJIV BAJAJ
INTRODUCTION : Life Insurance 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's Western Region Council for FY 2018-19. He is also elected as Chairman
of CII, Western Region for 2019-20. He has been Born into the Bajaj family, Sanjiv is the
great-grandson of founder jamnanal Bajaj and the younger son of Bajaj Group chairman,
Rahul Bajaj. Sanjiv Bajaj is the Chairman & Managing Director of Bajaj Finserv. In 1994,
Sanjiv began his career in Bajaj Auto, where he became the Executive Director until 2012.
During his years at Bajaj Auto, Sanjiv dabbled in various roles, including heading finance,
legal & international business functions within the organization. He was credited to bring
in American-style supply chain management in the Bajaj Auto using General Motors 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 Bajaj Finserv. He
took over additional roles like the chairman of Bajaj Allianz chosen as the Vice President of
CII for the year 2020-21.

Nature of expertise in specific functional areas: Management & Strategy, Global

Business Leadership, Insurance, Mutual Fund & Financial Services, Banking, Investment &
Treasury and Forex Management etc.

HIS WORK : Starting from a low base in 2007-08, when Bajaj first entered the financial
services business, the company’s revenue has grown to ₹ 22,364 crore (the 2015-16
financial year) and profits have grown to ₹ 1,863 crore (2015-16). The company is currently
valued at over ₹ 28,000 crore and has earned a solid reputation among both peers and
consumers.
He is the Managing Director & CEO of Bajaj Holdings & Investment Ltd. with effect from
01-04-2012 (earlier its Non-Executive Director). His role includes building the strategy and
team, and guiding this investment company, which has almost Rs. 60,000 crore in cash and
investments (at market value) including 30% stake in Bajaj Auto and 40% stake in Bajaj
Finserv as on 31 March 2019.
He is the Former Executive Director of Bajaj Auto Limited (until 31 March 2012), having
headed Finance & Control, legal & international business functions of Bajaj Auto over
different periods from 1994 until 2012 and currently its NonExecutive Director.

REASON FOR CHOSSING : As a banking and finance I look upto person who is in finance
sector with other sector .A name to look up to in the financial services space, Sanjiv Bajaj, is
the Chairman and Managing Director of Bajaj Finserv. He had the vision to make Bajaj
Finance stand out from the rest of his competition, eventually leading Bajaj Allianz General
Insurance to become the second most profitable insurance company in the country. Prior
to this, he had gained vast exposure across multiple roles in legal, international business,
and finance at Bajaj Auto before moving onto Bajaj Finserv. This famous financial leader is
a strong believer in the power of digitization which he deems necessary to facilitate
business growth and enhance customer experience. Some of Sanjiv Bajaj’s awards include
Financial Express’s ‘Banker of the Year’, Economic Times’ ‘Business Leader of the Year’, and
Asian Centre’s ‘Leadership’s Award for Corporate Governance’, amongst many others. A
humanitarian at heart, Sanjiv Bajaj promised Rs. 100 crores for the cause of the recent
pandemic via the Bajaj Group.