Sanjiv Bajaj was born on November 2, 1969 and graduated with distinction in Mechanical Engineering from the University of Pune. He then completed his Masters in Manufacturing Systems Engineering from the University of Warwick, UK and subsequently went on to complete his MBA from Harvard Business School.Sanjiv took charge as the Managing Director of Bajaj Finserv in 2008. Bajaj Finserv operates in the Insurance business through Bajaj Allianz Life Insurance Co. Ltd. and Bajaj Allianz General Insurance Limited, as well as in the consumer lending business through Bajaj Finance Limited. His role includes guiding the current businesses and building new ones in the financial services space.
Mr. Sanjiv Bajaj is the Managing Director of Bajaj Capital Ltd. In his role, he is involved in planning and implementing of several important future projects of the company. He has been instrumental in conceptualizing and implementing a highly successful distribution model for Life and General Insurance, through what are known as 'Insurance Planning Centres'.
Under the able guidance of Mr. Sanjiv Bajaj, Bajaj Capital Insurance Broking has emerged as one of India's leading Insurance Broking Houses within a short span since its inception in January 2004. He also has a keen interest in the Information Technology area and heads the function for the company.
Mr. Sanjiv Bajaj started his career in 1995, when he worked on various projects which included developing Alternate channels of distribution like Associate Model, etc. From here, he moved on to Investment Advisory services, which included understanding the client's needs and offering them solutions to meet their requirements by using various financial planning tools.
Apart from being a Post Graduate in Business Management, Mr. Sanjiv Bajaj also holds an International Certificate for Financial Advisor's from the Chartered Insurance Institute (CII), London, and is a certified Financial Planner from Financial Planning Standards Board India (FPSB).
Mr. Bajaj is an active speaker on Financial Planning, Investments, Insurance Planning and careers in the financial services industry.
Besides handling Bajaj Finserv as MD, he is also:
Non Executive Director of Bajaj Holdings and Investment. His role includes building the strategy and team, and guiding this investment company which has approximately USD 1 billion in cash and investments and also holds over 30% stake in Bajaj Auto and Bajaj FinServ.
Executive Director, Head of Finance & Control, and Legal functions, of Bajaj Auto
Head of International Business from April 2004 to September 2007 of Bajaj Auto. Grew the international sales of the company’s products from approx. 150,000 vehicles and USD 175 million in 2003-04 to almost 450,000 vehicles and USD 375 million in 2006-07.
MAJOR DIRECTORSHIPS
Bajaj Auto Ltd. - Executive Director
Bajaj Finserv Ltd. - Managing Director
Bajaj Holdings and Investment Ltd.
Bajaj Allianz General Insurance Co. Ltd.
Bajaj Allianz Life Insurance Co. Ltd.
Bajaj Finance Ltd.
Maharashtra Scooters Ltd.
AWARDS
Sanjiv Bajaj was awarded the Business Today Magazine’s Best CFOs Awards 2005 as one of the top CFOs of India for 2005.