D.J. Balaji Rao
Independent Director

D. J. Balaji Rao (born on December 15, 1939), is a mechanical engineer from the University of Madras and holds a postgraduate diploma in industrial engineering from Bombay University. He attended the advanced management programme at the European Institute of Business Administration (INSEAD) at Fountainbleu, France, in 1990.

He was managing director of the Infrastructure Development Finance Company Ltd., executive director ICICI, and in April 1996, vice chairman and managing director, SCICI Ltd. He has served with distinction on the boards of many AAA rated companies, including Ashok Leyland, MICO, Wipro and Bharat Forge.

His other assignments include :

  Consultant to the National Development Bank of Sri Lanka from March to August 1991 for setting up the bank under a World Bank Project.  
  Chief executive of the Industrial and Technical Consultancy Organisation of Tamil Nadu from December 1981 to May 1982.

Consultant to the Asian Development Bank between June 1985 and May 1986 for conducting a training programme for DFIs in Asia.

He has been on the board of Bajaj Auto Ltd since 1993, including as a nominee of the Industrial Credit and Investment Corporation of India (ICICI) from 1993 to 1996.

Major directorships
Ashok Leyland Ltd
Bajaj Auto Ltd
Bajaj Holdings & Investment Limited.
Bajaj Finserv Limited
Bajaj Finance Limited
CMI FPE Limited
Hinduja Foundries Limited