Rahul Bajaj to step down as Bajaj Finance chairman

• The present non-executive chairman of Bajaj Finance, Rahul Bajaj has decided to step down on July 31, 2020.
• He will be replaced by his son Sanjiv Bajaj (the present Vice Chairman of the company).
• Rahul Bajaj will continue to serve as a non-executive non-independent director of the company.

Sanjiv Bajaj:

• Sanjiv Bajaj has been the Managing Director & CEO of Bajaj Finserv Ltd. since 2008.
• He has been the Managing Director of Bajaj Holdings & Investments since 2012.
• He has been the Vice-Chairman of Bajaj Finance Ltd. since 2013.
• He has been elected as Chairman of the Confederation of Indian Industry (CII) Western Region for 2019-20.

Bajaj Finserv Headquarters: Pune, Maharashtra.

Bajaj Finserv established: 2007.

Resignation