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Bajaj Team

Niraj R.
Niraj R. Bajaj

Niraj Bajaj's career spans more than 35 years and he is currently serving as the Chairman of Bajaj Auto since 1 May 2021. Born on 10 October 1954, he studied at the Cathedral and John Connon School. He did his B.Com., from Sydenham College of Commerce and Economics, Mumbai. He acquired his Masters in Business Administration (MBA) from Harvard Business School, Boston, U.S.A.

Niraj Bajaj is one of the Promoter - Directors of the Bajaj Group, which has over 50,000 employees, and a market capitalization of over ₹900,000 crores making it one of the largest family business houses in the country.

Niraj Bajaj is on the Board of Directors of Bajaj Allianz Life Insurance Co. Ltd. and Bajaj Allianz General Insurance Co. Ltd., and is the Chairman of Bachhraj & Company, Jamnalal Sons, and various other Bajaj Group companies. He is also the Chairman and Managing Director of Mukand Limited and the Vice Chairman of Bajaj Holdings & Investment Limited (BHIL).

Niraj Bajaj was the President of the Indian Merchants' Chamber, in 2007-08 when it was celebrating its centenary year. He was also the President of the Alloy Steel Producer's Association and the Indian Stainless Steel Development Association.

He has been a three-time All-India Table Tennis Champion and ranked India No.1 four times. He represented India in table tennis for seven years between 1970-77, of which last four years was as the Captain.

He is a recipient of the following awards:

  • Arjuna Award, India's highest Sports honour
  • Shiv Chhatrapati Award, Maharashtra's highest Sports honour
  • Maharashtra Gaurav Puraskar

 

Chairman

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Madhur Bajaj
Madhur Bajaj

Madhur Bajaj (born August 19, 1952) graduated in commerce from Sydenham College, Bombay, in 1973. He completed his MBA from the International Institute of Management Development (IMD), Lausanne, Switzerland, in 1979. He is the recipient of the Vikas Rattan Award from the International Friendship Society of India, for enriching human life and other outstanding achievements.

Major Directorships:

  • Chairman - Maharashtra Scooters Limited
  • Bajaj Auto Limited
  • Bajaj Holdings & Investment Limited
  • Bajaj Finserv Limited
  • Bajaj Electricals Limited
  • Bajaj Auto Finance Limited

 

Other Positions:

He is a past President of SIAM, the apex association of Indian automobile manufacturers as also a past President of Maharashtra Chamber of Commerce, Industries and Agriculture (MCCIA), the apex Industries Association of Pune.
He is a current National Council Member of Confederation of Indian Industry (CII).
He has been on the Board of Bajaj Auto Ltd since 1995.

Vice Chairman

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Rajiv Bajaj

Rajiv Bajaj graduated first in class, with distinction, in Mechanical Engineering from the University of Pune in 1988, and then completed his masters in Manufacturing Systems Engineering from the University of Warwick in 1990.

He has since worked at Bajaj Auto in the areas of Manufacturing & Supply Chain (1990-95), R&D and Engineering (1995-2000), and Marketing and Sales (2000-2005). He has served on the board of Bajaj Auto Ltd since March 2002 and has been its Managing Director since April 2005.

His current focus is building a brand-centred strategy at Bajaj Auto with the objective of achieving its vision of being one of the world’s leading motorcycle & electric vehicle manufacturers.

Directorships

  • Bajaj Auto Ltd - Managing Director
  • Bajaj Holdings & Investment Limited
  • Bajaj Finserv Limited
  • Bajaj Finance Limited

Managing Director

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Pradeep Shrivastava
Pradeep Shrivastava

Mr Pradeep Shrivastava joined Bajaj Auto in April 1986. After several successful stints in the manufacturing organisation, he took over as President – Engineering and subsequently, became the Chief Operating Officer in April 2010. He was appointed to the Board as an Executive Director in April 2016.

After receiving a degree in Mechanical Engineering from IIT Delhi, Mr Shrivastava obtained a graduate diploma in Production and Finance from IIM Bangalore in 1986.

Executive Director

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Rakesh Sharma

Mr Rakesh Sharma joined Bajaj Auto in October 2007 as President (International Business) and is now an Executive Director on its board . He led the International Business for over 10 years during which the business grew in scale to nearly INR ~10,000 crores representing close to 40% of Bajaj Auto’s revenues then. He was elevated to the position of Chief Commercial Officer in July 2018 with the responsibility to lead the front-end Business Units.

He is a member of the Board of Commissioners of PT Bajaj Auto Indonesia, a subsidiary of Bajaj Auto Ltd. He is the Chairman of the Exports Council of the Society of Indian Automobile Manufacturers (SIAM) and the President of the International Motorcycle Manufacturers’ Association.

Prior to joining Bajaj Auto, Mr. Sharma worked for over 20 years with the ICI Group in the chemicals, speciality materials and paints businesses in India and overseas. His last posting was as CEO-Southeast Asia for ICI Paints.
Mr Sharma is a Commerce graduate from Delhi University and holds a PGDM from IIM Ahmedabad.

Executive Director

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Sanjiv Bajaj

Sanjiv Bajaj is the Chairman and Managing Director of Bajaj Finserv Limited, the holding group company for all the financial service businesses of the Bajaj Group, which is one of the oldest and largest conglomerates of India. Bajaj Finserv consisting of lending and insurance companies has annual revenues of over $ 9.18 billion for FY22.

Under his leadership, Bajaj Finserv has emerged as one of India’s leading diversified financial services companies with solutions across lending, life insurance, general insurance, and wealth advisory category. With a consumer-first, digital approach and a culture focused on excellence through innovative disruption, Sanjiv is known for pioneering digital consumer financing in India which helped transform the entire landscape of the financial services space.

He is the President of the Confederation of Indian Industry (CII) for 2022-23. Sanjiv has been engaged with CII for many years at the State, Regional and National level. He was the President-Designate of CII for 2021-22 and the Chairman of the Western Region during 2019-20. He has led CII National Committees on Insurance & Pensions and CII Taskforce on Fintech. He is an alumnus of the Harvard Business School, USA and a Member of the Board of Indian School of Business (ISB), Member of the International Advisory Board (IAB), Allianz SE and the International Technology Advisory Panel (ITAP) of Monetary Authority of Singapore (MAS) and Regional Stewardship Board for India and South Asia 2019-2020 of the World Economic Forum. He has several awards to his credit including AIMA’s Managing India Award’s Entrepreneur of the year 2019, ET’s Business Leader of the year 2018, Financial Express’ Best Banker of the year 2017-18, Ernst & Young’s Entrepreneur of the year in 2017 and Transformational Leader award at the 5th Asia Business Responsibility Summit in 2017. He is also a recipient of the Business World’s Most Valuable CEOs in India for 2015 & 2016.

Sanjiv is on the board of his group operating companies as the Chairman of Bajaj Finance Ltd., Maharashtra Scooters Ltd., Bajaj Finserv Asset Management Limited and the two insurance subsidiaries i.e. Bajaj Allianz Life Insurance Company Ltd., and Bajaj Allianz General Insurance Company Ltd. Since 2012, he is the Managing Director of Bajaj Holdings & Investment Ltd. He is the former Executive Director of Bajaj Auto Ltd., and presently its non-executive director.

Sanjiv 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 a 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, with his wife Shefali and their two children.

Director

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Abhinav Bindra
Abhinav Bindra

Abhinav Bindra (born on 28 September, 1982) is India’s first individual Olympic Gold medalist, at the Beijing Olympics 2008 for the 10-m air rifle shooting event. With over 150 medals in his 22-year career, he is a recipient of the Padma Bhushan from the Government of India, and one of the top influencers of Sport Policy in the country.
He is the founder of Abhinav Bindra Foundation and Vice-Chairman of Abhinav Futuristic Private Limited.

The Foundation’s mission is to build an ecosystem of excellence in the Indian sporting ecosystem and bring athletes, players at the grassroots, their stakeholders, and the general public together.

Independent Director

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Anami Roy
Anami Roy

A N Roy (born on 15 May, 1950) is a distinguished former civil servant, having served in the Indian Police Service in Maharashtra and Govt of India for over 38 years. He held a wide variety of assignments both in Maharashtra and under the Central government including Commissioner of Police, Aurangabad, Pune and Mumbai. He retired as Director General of Police, Maharashtra.

While in service, he headed the operations of the elite Special Protection Group, looking after the proximate security of the Prime Minister, former PMs and their families. Known popularly as the ‘People's Commissioner’, he set up many citizen-friendly schemes and systems to resolve and fulfil people's problems and expectations like Citizen Facilitation Centres, Mumbai Police Infoline, Elderline, Slum Police Panchayat etc.

He was appointed Advisor to the Governor of Andhra Pradesh when the state was under President's rule in 2014. In that capacity, he discharged the responsibilities as a Minister of many departments of the state like Home, Industry and Commerce, Housing, PWD, Health, Medical Education, Social Welfare. He also dealt with the separation of Andhra Pradesh into two states, AP and Telangana, and supervised the General Elections of 2014 in both states.

Post-retirement, Roy is engaged in the social/non-profit sector. He runs a not-for-profit company, Vandana Foundation, to support the livelihoods of the poorest of poor in urban and rural areas.

He is on the Board of Directors of GSK India, Bajaj Finserv, Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance, Bajaj Housing Finance and Finolex Industries. He is on the India advisory boards of Encore Capital Group of USA and TrueNorth Private Equity Fund.

Independent Director

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Balaji Rao
D.J. Balaji Rao

Balaji Rao Jagannathrao Doveton (born on 15 December, 1939) holds a bachelor’s degree in Mechanical Engineering and is an Associate Member of Indian Institution of Industrial Engineering (AMIIIE). He attended the advanced management programme at the European Institute of Business Administration (INSEAD) at Fountainbleu, France in 1990.

He pursued his career as an Industrial Engineer for about 8 years before joining the erstwhile ICICI Ltd. (since merged with ICICI Bank Ltd.) in 1970. After wide-ranging responsibilities in different locations, he reached the position of Deputy Managing Director. He subsequently took over as the Vice Chairman and Managing Director of SCICI Ltd. in August 1996. With the merger of SCICI Ltd. with ICICI Ltd., he moved to Infrastructure Development Finance Co. Ltd. (IDFC) as its first Managing Director, which he served till his superannuation in January 2000. He has served as the Non-Executive Chairman of 3M India Ltd. between 2008 and 2014. He is on the boards of many leading companies.

Major directorships

  • Bajaj Auto Ltd.
  • Bajaj Finserv Ltd.
  • Bajaj Finance Ltd.
  • Bajaj Holdings & Investment Ltd.
  • CMI-FPE Ltd.

Independent Director

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Lila Poona Walla
Lila Poonawalla

Lila Poonawalla (born on 16 September, 1944) holds a bachelor’s degree in Mechanical Engineering. She has also attended the 3-Tier Executive Program from IIM Ahmadabad, Marketing Program from Harvard Business School, Senior Executive Program from Stanford University and Advanced Marketing & Management program at IMD Lausanne (Switzerland). She is the former Chairperson and Managing Director of Tetra Pak India Limited and Alfa Laval India Limited.

She is serving on the boards of many leading companies, including Bajaj Allianz Life Insurance, Bajaj Allianz General Insurance, Bajaj Housing Finance Ltd, Volvo Eicher Commercial Vehicles, etc.

She received the Padmashree Award in the year 1989. She has also received the Order of the Polar Star award from the King of Sweden in 2003.

Independent Director

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Dr Naushad Forbes
Dr. Naushad Forbes

Dr Naushad Forbes (born on May 13, 1960) is the Co-Chairman of Forbes Marshall, India's leading steam engineering and control instrumentation firm. He chairs the steam engineering companies within the group.

Dr Forbes was an occasional Lecturer and Consulting Professor at Stanford University from 1987 to 2004, where he developed courses on Technology in Newly Industrializing Countries. He received his Bachelor’s, Master’s and PhD degrees from Stanford University.

Dr Forbes is on the boards of several educational institutions and public companies.
Dr Forbes has long been an active member of CII and has chaired the National Committees on Higher Education, Innovation, Technology and International Business.
Dr Forbes was President of CII in 2016-17.

Directorships

  • Forbes Marshall Pvt. Ltd.
  • Forbes Solar Pvt. Ltd.
  • J N Marshall Pvt. Ltd.
  • Forbes Marshall Steam Systems Pvt. Ltd.
  • Krohne Marshall Pvt. Ltd.
  • Forbes Marshall (Hyd) Pvt. Ltd.
  • Forbesvyncke Pvt. Ltd.

Independent Director

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Pradip Shah

Pradip Shah (born on 07 January 1953), holds an MBA degree from Havard University and was ranked first in the Chartered Accountants’ examinations.

He was the founder Managing Director of CRISIL (India’s first and largest credit rating agency). He assisted in the formation of Housing Development Finance Corporation (HDFC) and also provided technical assistance and training to Rating Agency Malaysia Berhad and MAALOT. He has also served as a consultant to USAID, World Bank and the Asian Development Bank. He holds many key positions both in India and abroad.

He is serving as a Chairman of Kansai Nerolac Paints, Sonata Software and Grindwell Norton. His major directorships include Pfizer, BASF (India), Godrej & Boyce and Tata Investment Corporation.

Independent Director

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Niraj R.
Niraj R. Bajaj

Niraj Bajaj's career spans more than 35 years and he is currently serving as the Chairman of Bajaj Auto since 1 May 2021. Born on 10 October 1954, he studied at the Cathedral and John Connon School. He did his B.Com., from Sydenham College of Commerce and Economics, Mumbai. He acquired his Masters in Business Administration (MBA) from Harvard Business School, Boston, U.S.A.

Niraj Bajaj is one of the Promoter - Directors of the Bajaj Group, which has over 50,000 employees, and a market capitalization of over ₹900,000 crores making it one of the largest family business houses in the country.

Niraj Bajaj is on the Board of Directors of Bajaj Allianz Life Insurance Co. Ltd. and Bajaj Allianz General Insurance Co. Ltd., and is the Chairman of Bachhraj & Company, Jamnalal Sons, and various other Bajaj Group companies. He is also the Chairman and Managing Director of Mukand Limited and the Vice Chairman of Bajaj Holdings & Investment Limited (BHIL).

Niraj Bajaj was the President of the Indian Merchants' Chamber, in 2007-08 when it was celebrating its centenary year. He was also the President of the Alloy Steel Producer's Association and the Indian Stainless Steel Development Association.

He has been a three-time All-India Table Tennis Champion and ranked India No.1 four times. He represented India in table tennis for seven years between 1970-77, of which last four years was as the Captain.

He is a recipient of the following awards:

  • Arjuna Award, India's highest Sports honour
  • Shiv Chhatrapati Award, Maharashtra's highest Sports honour
  • Maharashtra Gaurav Puraskar

 

Chairman

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Rajiv Bajaj

Rajiv Bajaj graduated first in class, with distinction, in Mechanical Engineering from the University of Pune in 1988, and then completed his masters in Manufacturing Systems Engineering from the University of Warwick in 1990.

He has since worked at Bajaj Auto in the areas of Manufacturing & Supply Chain (1990-95), R&D and Engineering (1995-2000), and Marketing and Sales (2000-2005). He has served on the board of Bajaj Auto Ltd since March 2002 and has been its Managing Director since April 2005.

His current focus is building a brand-centred strategy at Bajaj Auto with the objective of achieving its vision of being one of the world’s leading motorcycle & electric vehicle manufacturers.

Directorships

  • Bajaj Auto Ltd - Managing Director
  • Bajaj Holdings & Investment Limited
  • Bajaj Finserv Limited
  • Bajaj Finance Limited

Managing Director

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Pradeep Shrivastava
Pradeep Shrivastava

Mr Pradeep Shrivastava joined Bajaj Auto in April 1986. After several successful stints in the manufacturing organisation, he took over as President – Engineering and subsequently, became the Chief Operating Officer in April 2010. He was appointed to the Board as an Executive Director in April 2016.

After receiving a degree in Mechanical Engineering from IIT Delhi, Mr Shrivastava obtained a graduate diploma in Production and Finance from IIM Bangalore in 1986.

Executive Director

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Rakesh Sharma

Mr Rakesh Sharma joined Bajaj Auto in October 2007 as President (International Business) and is now an Executive Director on its board . He led the International Business for over 10 years during which the business grew in scale to nearly INR ~10,000 crores representing close to 40% of Bajaj Auto’s revenues then. He was elevated to the position of Chief Commercial Officer in July 2018 with the responsibility to lead the front-end Business Units.

He is a member of the Board of Commissioners of PT Bajaj Auto Indonesia, a subsidiary of Bajaj Auto Ltd. He is the Chairman of the Exports Council of the Society of Indian Automobile Manufacturers (SIAM) and the President of the International Motorcycle Manufacturers’ Association.

Prior to joining Bajaj Auto, Mr. Sharma worked for over 20 years with the ICI Group in the chemicals, speciality materials and paints businesses in India and overseas. His last posting was as CEO-Southeast Asia for ICI Paints.
Mr Sharma is a Commerce graduate from Delhi University and holds a PGDM from IIM Ahmedabad.

Executive Director

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Abraham Joseph
Abraham Joseph

Mr. Joseph started his tenure in Bajaj in July 1989 as a Graduate Trainee Engineer, took over as General Manager (R&D) in April 2005, Vice President (R&D) in April 2007 and is currently the Chief Technology Officer. He is a Mechanical Engineer from the National Institute of Technology, Bhopal.

Chief Technology Officer

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S Ravikumar
Mr. Ravikumar joined Bajaj in June 1984 as an Accounts Officer and is now the Chief Business Development Officer. He is an active member of the Institute of Chartered Accountants of India.

Chief Business Development Officer

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Dinesh Thapar
Dinesh Thapar

Dinesh Thapar is a Fellow Chartered Accountant, a Gold Medalist Cost and Management Accountant and has a Diploma from ACCA. He obtained his Chartered Accountancy from ICAI in 1998 and graduated from St. Xavier’s, Kolkata in 1997 in Commerce.

He was the Group Chief Financial Officer of Reliance Retail for the past 3 years. Prior to that, he spent two decades with Hindustan Unilever Limited (HUL), where he held a range of leadership roles across Corporate Finance, Business Finance, Investor Relations, Supply Chain, and managing JVs. In his last role as Vice President, he was the Finance Leader for the Beauty & Personal Care Division in India and the South Asia cluster.

While leading the Finance functional agenda, he has experience in the areas of business partnering, performance management, governance, strategic initiatives, engaging with the Board, and external communication. Across both the companies that he has worked for, he has been a part of the senior leadership team and on the Board of various group companies.

Chief Financial Officer

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Ravi Kyran Ramasamy
Ravi Kyran joined Bajaj Auto in February 2017 as President (Human Resource) and is now the Chief Human Resources Officer. Prior to joining Bajaj Auto, he was with Texas Instruments (TI) in Dallas as Vice President of HR. He holds a post graduate diploma in HR from XLRI, Jamshedpur.

Chief Human Resources Officer

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J. Sridhar
Dr. J Sridhar

J Sridhar is B.Com from Madras Christian College, Madras University, LL B from New Law College, Bombay University & Masters in Management Sciences (MMS) from Symbiosis Institute of Business Management, Pune University. Sridhar is a fellow member of the Institute of Chartered Accountants of India (1976) and the Institute of Company Secretaries of India (1978). He has done Ph. D from Savitribai Phule Pune University. He has also completed a Senior Executive Development Programme from Indian Institute of Management, Ahmedabad. Prior to joining Bajaj Auto as Company Secretary in 2001, he was the CFO & CS of Maharashtra Scooters Ltd (Bajaj Group) for 22 years from 1979. He was the President of the Institute of Company Secretaries of India (ICSI) in 2000.

Company Secretary

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Kevin D'Sa
Kevin P D'sa

Mr. Kevin D’sa began his career with Bajaj in September 1978 and is presently the President (Retail Finance). After acquiring a Bachelor’s degree in Commerce, he completed his CA in 1978 and ICWA in 1981.

President (Retail Finance)

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Eric Vas
Eric Vas

Mr. Eric Vas joined Bajaj in March 2009 as President (New Projects) and is currently President (Urbanite Business). He is a Mechanical Engineer from College of Engg., Pune, & PGDM from IIM, Calcutta.

President (Urbanite Business)

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Sarang Kanade

Mr. Sarang Kanade joined Bajaj in February 2019 as President (Motorcycle Business). He is a Mechanical Engineer from SPCE, 1992 and MMS (Marketing) from NMIMS, 1996. He has 23 years of experience in leading businesses across industries.

President (Motorcycle Business)

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Sumeet Narang

Mr Sumeet Narang joined Bajaj Auto in February 2014 as Vice President (Marketing-Motorcycle Business) and is now the President (Probiking). He is a 1993 batch MBA from IMT Ghaziabad. Prior to joining Bajaj Auto Mr. Narang worked in companies like Coca Cola, Procter & Gamble (Gillette), Aircel and Samsung in Marketing.

President (Probiking)

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K.S.Grihapathy
K S Grihapathy

Mr K S Grihapathy joined Bajaj Auto in April 2004 as General Manager (Marketing- Two-Wheeler) and is now the President (Exports Business). He is an engineering graduate from Coimbatore Institute of Technology, Coimbatore with Post Graduate Diploma in Management (PGDM) from Indian Institute of Management, Ahmedabad. Prior to joining Bajaj Auto Mr. Grihapathy worked with companies like Bharat Electronics, Wipro Infotech, Standard Chartered Bank and ICI India Limited in Sales and Marketing.

President (Exports Business)

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Samardeep Subandh

Samardeep joined Bajaj Auto in May 2019. He brings with him 20 years of rich experience across Brand Management, Product Development, Sales & Distribution, and Customer Management. He has held leadership positions in Unilever, Marico, Flipkart, and most recently in D-Mart. Samar holds a B.E degree in Mechanical Engineering, and a Post Graduate Diploma in Management from IIM, Calcutta.

President (Intra-City Business)

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C.P. Tripathi
C P Tripathi

Mr. C.P. Tripathi joined Bajaj in January 1996 as the Vice President (Waluj Plant ), took over as Vice President (Operations) in April 2001, Vice President (Corporate) in July 2007 and Vice President (Corporate Social Responsibility) in October 2009. Currently he holds the position as Advisor (Corporate Social Responsibility). A Science Graduate from Agra University, Mr. Tripathi also holds a degree in Mechanical Engineering from the Indian Institute of Technology, Kharagpur.

Advisor (Corporate Social Responsibility)

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Anami Roy
Anami Roy

A N Roy (born on 15 May, 1950) is a distinguished former civil servant, having served in the Indian Police Service in Maharashtra and Govt of India for over 38 years. He held a wide variety of assignments both in Maharashtra and under the Central government including Commissioner of Police, Aurangabad, Pune and Mumbai. He retired as Director General of Police, Maharashtra.

While in service, he headed the operations of the elite Special Protection Group, looking after the proximate security of the Prime Minister, former PMs and their families. Known popularly as the ‘People's Commissioner’, he set up many citizen-friendly schemes and systems to resolve and fulfil people's problems and expectations like Citizen Facilitation Centres, Mumbai Police Infoline, Elderline, Slum Police Panchayat etc.

He was appointed Advisor to the Governor of Andhra Pradesh when the state was under President's rule in 2014. In that capacity, he discharged the responsibilities as a Minister of many departments of the state like Home, Industry and Commerce, Housing, PWD, Health, Medical Education, Social Welfare. He also dealt with the separation of Andhra Pradesh into two states, AP and Telangana, and supervised the General Elections of 2014 in both states.

Post-retirement, Roy is engaged in the social/non-profit sector. He runs a not-for-profit company, Vandana Foundation, to support the livelihoods of the poorest of poor in urban and rural areas.

He is on the Board of Directors of GSK India, Bajaj Finserv, Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance, Bajaj Housing Finance and Finolex Industries. He is on the India advisory boards of Encore Capital Group of USA and TrueNorth Private Equity Fund.

Independent Director

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Balaji Rai
D.J. Balaji Rao

Balaji Rao Jagannathrao Doveton (born on 15 December, 1939) holds a bachelor’s degree in Mechanical Engineering and is an Associate Member of Indian Institution of Industrial Engineering (AMIIIE). He attended the advanced management programme at the European Institute of Business Administration (INSEAD) at Fountainbleu, France in 1990.

He pursued his career as an Industrial Engineer for about 8 years before joining the erstwhile ICICI Ltd. (since merged with ICICI Bank Ltd.) in 1970. After wide-ranging responsibilities in different locations, he reached the position of Deputy Managing Director. He subsequently took over as the Vice Chairman and Managing Director of SCICI Ltd. in August 1996. With the merger of SCICI Ltd. with ICICI Ltd., he moved to Infrastructure Development Finance Co. Ltd. (IDFC) as its first Managing Director, which he served till his superannuation in January 2000. He has served as the Non-Executive Chairman of 3M India Ltd. between 2008 and 2014. He is on the boards of many leading companies.

Major directorships

  • Bajaj Auto Ltd.
  • Bajaj Finserv Ltd.
  • Bajaj Finance Ltd.
  • Bajaj Holdings & Investment Ltd.
  • CMI-FPE Ltd.

Independent Director

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Dr Naushad Forbes
Dr. Naushad Forbes

Dr Naushad Forbes (born on May 13, 1960) is the Co-Chairman of Forbes Marshall, India's leading steam engineering and control instrumentation firm. He chairs the steam engineering companies within the group.

Dr Forbes was an occasional Lecturer and Consulting Professor at Stanford University from 1987 to 2004, where he developed courses on Technology in Newly Industrializing Countries. He received his Bachelor’s, Master’s and PhD degrees from Stanford University.

Dr Forbes is on the boards of several educational institutions and public companies.
Dr Forbes has long been an active member of CII and has chaired the National Committees on Higher Education, Innovation, Technology and International Business.
Dr Forbes was President of CII in 2016-17.

Directorships

  • Forbes Marshall Pvt. Ltd.
  • Forbes Solar Pvt. Ltd.
  • J N Marshall Pvt. Ltd.
  • Forbes Marshall Steam Systems Pvt. Ltd.
  • Krohne Marshall Pvt. Ltd.
  • Forbes Marshall (Hyd) Pvt. Ltd.
  • Forbesvyncke Pvt. Ltd.

Independent Director

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Pradip Shah

Pradip Shah (born on 07 January 1953), holds an MBA degree from Havard University and was ranked first in the Chartered Accountants’ examinations.

He was the founder Managing Director of CRISIL (India’s first and largest credit rating agency). He assisted in the formation of Housing Development Finance Corporation (HDFC) and also provided technical assistance and training to Rating Agency Malaysia Berhad and MAALOT. He has also served as a consultant to USAID, World Bank and the Asian Development Bank. He holds many key positions both in India and abroad.

He is serving as a Chairman of Kansai Nerolac Paints, Sonata Software and Grindwell Norton. His major directorships include Pfizer, BASF (India), Godrej & Boyce and Tata Investment Corporation.

Independent Director

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Rajiv Bajaj

Rajiv Bajaj graduated first in class, with distinction, in Mechanical Engineering from the University of Pune in 1988, and then completed his masters in Manufacturing Systems Engineering from the University of Warwick in 1990.

He has since worked at Bajaj Auto in the areas of Manufacturing & Supply Chain (1990-95), R&D and Engineering (1995-2000), and Marketing and Sales (2000-2005). He has served on the board of Bajaj Auto Ltd since March 2002 and has been its Managing Director since April 2005.

His current focus is building a brand-centred strategy at Bajaj Auto with the objective of achieving its vision of being one of the world’s leading motorcycle & electric vehicle manufacturers.

Directorships

  • Bajaj Auto Ltd - Managing Director
  • Bajaj Holdings & Investment Limited
  • Bajaj Finserv Limited
  • Bajaj Finance Limited

Managing Director

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Pradeep Shrivastava

Mr Pradeep Shrivastava joined Bajaj Auto in April 1986. After several successful stints in the manufacturing organisation, he took over as President – Engineering and subsequently, became the Chief Operating Officer in April 2010. He was appointed to the Board as an Executive Director in April 2016.

After receiving a degree in Mechanical Engineering from IIT Delhi, Mr Shrivastava obtained a graduate diploma in Production and Finance from IIM Bangalore in 1986.

Executive Director

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Dr Naushad Forbes
Dr. Naushad Forbes

Dr Naushad Forbes (born on May 13, 1960) is the Co-Chairman of Forbes Marshall, India's leading steam engineering and control instrumentation firm. He chairs the steam engineering companies within the group.

Dr Forbes was an occasional Lecturer and Consulting Professor at Stanford University from 1987 to 2004, where he developed courses on Technology in Newly Industrializing Countries. He received his Bachelor’s, Master’s and PhD degrees from Stanford University.

Dr Forbes is on the boards of several educational institutions and public companies.
Dr Forbes has long been an active member of CII and has chaired the National Committees on Higher Education, Innovation, Technology and International Business.
Dr Forbes was President of CII in 2016-17.

Directorships

  • Forbes Marshall Pvt. Ltd.
  • Forbes Solar Pvt. Ltd.
  • J N Marshall Pvt. Ltd.
  • Forbes Marshall Steam Systems Pvt. Ltd.
  • Krohne Marshall Pvt. Ltd.
  • Forbes Marshall (Hyd) Pvt. Ltd.
  • Forbesvyncke Pvt. Ltd.

Independent Director

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Rajiv Bajaj

Rajiv Bajaj graduated first in class, with distinction, in Mechanical Engineering from the University of Pune in 1988, and then completed his masters in Manufacturing Systems Engineering from the University of Warwick in 1990.

He has since worked at Bajaj Auto in the areas of Manufacturing & Supply Chain (1990-95), R&D and Engineering (1995-2000), and Marketing and Sales (2000-2005). He has served on the board of Bajaj Auto Ltd since March 2002 and has been its Managing Director since April 2005.

His current focus is building a brand-centred strategy at Bajaj Auto with the objective of achieving its vision of being one of the world’s leading motorcycle & electric vehicle manufacturers.

Directorships

  • Bajaj Auto Ltd - Managing Director
  • Bajaj Holdings & Investment Limited
  • Bajaj Finserv Limited
  • Bajaj Finance Limited

Managing Director

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Pradeep Shrivastava

Mr Pradeep Shrivastava joined Bajaj Auto in April 1986. After several successful stints in the manufacturing organisation, he took over as President – Engineering and subsequently, became the Chief Operating Officer in April 2010. He was appointed to the Board as an Executive Director in April 2016.

After receiving a degree in Mechanical Engineering from IIT Delhi, Mr Shrivastava obtained a graduate diploma in Production and Finance from IIM Bangalore in 1986.

Executive Director

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Rakesh Sharma

Mr Rakesh Sharma joined Bajaj Auto in October 2007 as President (International Business) and is now an Executive Director on its board . He led the International Business for over 10 years during which the business grew in scale to nearly INR ~10,000 crores representing close to 40% of Bajaj Auto’s revenues then. He was elevated to the position of Chief Commercial Officer in July 2018 with the responsibility to lead the front-end Business Units.

He is a member of the Board of Commissioners of PT Bajaj Auto Indonesia, a subsidiary of Bajaj Auto Ltd. He is the Chairman of the Exports Council of the Society of Indian Automobile Manufacturers (SIAM) and the President of the International Motorcycle Manufacturers’ Association.

Prior to joining Bajaj Auto, Mr. Sharma worked for over 20 years with the ICI Group in the chemicals, speciality materials and paints businesses in India and overseas. His last posting was as CEO-Southeast Asia for ICI Paints.
Mr Sharma is a Commerce graduate from Delhi University and holds a PGDM from IIM Ahmedabad.

Executive Director

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Niraj R.
Niraj R. Bajaj

Niraj Bajaj's career spans more than 35 years and he is currently serving as the Chairman of Bajaj Auto since 1 May 2021. Born on 10 October 1954, he studied at the Cathedral and John Connon School. He did his B.Com., from Sydenham College of Commerce and Economics, Mumbai. He acquired his Masters in Business Administration (MBA) from Harvard Business School, Boston, U.S.A.

Niraj Bajaj is one of the Promoter - Directors of the Bajaj Group, which has over 50,000 employees, and a market capitalization of over ₹900,000 crores making it one of the largest family business houses in the country.

Niraj Bajaj is on the Board of Directors of Bajaj Allianz Life Insurance Co. Ltd. and Bajaj Allianz General Insurance Co. Ltd., and is the Chairman of Bachhraj & Company, Jamnalal Sons, and various other Bajaj Group companies. He is also the Chairman and Managing Director of Mukand Limited and the Vice Chairman of Bajaj Holdings & Investment Limited (BHIL).

Niraj Bajaj was the President of the Indian Merchants' Chamber, in 2007-08 when it was celebrating its centenary year. He was also the President of the Alloy Steel Producer's Association and the Indian Stainless Steel Development Association.

He has been a three-time All-India Table Tennis Champion and ranked India No.1 four times. He represented India in table tennis for seven years between 1970-77, of which last four years was as the Captain.

He is a recipient of the following awards:

  • Arjuna Award, India's highest Sports honour
  • Shiv Chhatrapati Award, Maharashtra's highest Sports honour
  • Maharashtra Gaurav Puraskar

 

Chairman

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Balaji Rai
D.J. Balaji Rao

Balaji Rao Jagannathrao Doveton (born on 15 December, 1939) holds a bachelor’s degree in Mechanical Engineering and is an Associate Member of Indian Institution of Industrial Engineering (AMIIIE). He attended the advanced management programme at the European Institute of Business Administration (INSEAD) at Fountainbleu, France in 1990.

He pursued his career as an Industrial Engineer for about 8 years before joining the erstwhile ICICI Ltd. (since merged with ICICI Bank Ltd.) in 1970. After wide-ranging responsibilities in different locations, he reached the position of Deputy Managing Director. He subsequently took over as the Vice Chairman and Managing Director of SCICI Ltd. in August 1996. With the merger of SCICI Ltd. with ICICI Ltd., he moved to Infrastructure Development Finance Co. Ltd. (IDFC) as its first Managing Director, which he served till his superannuation in January 2000. He has served as the Non-Executive Chairman of 3M India Ltd. between 2008 and 2014. He is on the boards of many leading companies.

Major directorships

  • Bajaj Auto Ltd.
  • Bajaj Finserv Ltd.
  • Bajaj Finance Ltd.
  • Bajaj Holdings & Investment Ltd.
  • CMI-FPE Ltd.

Independent Director

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Dr Naushad Forbes
Dr. Naushad Forbes

Dr Naushad Forbes (born on May 13, 1960) is the Co-Chairman of Forbes Marshall, India's leading steam engineering and control instrumentation firm. He chairs the steam engineering companies within the group.

Dr Forbes was an occasional Lecturer and Consulting Professor at Stanford University from 1987 to 2004, where he developed courses on Technology in Newly Industrializing Countries. He received his Bachelor’s, Master’s and PhD degrees from Stanford University.

Dr Forbes is on the boards of several educational institutions and public companies.
Dr Forbes has long been an active member of CII and has chaired the National Committees on Higher Education, Innovation, Technology and International Business.
Dr Forbes was President of CII in 2016-17.

Directorships

  • Forbes Marshall Pvt. Ltd.
  • Forbes Solar Pvt. Ltd.
  • J N Marshall Pvt. Ltd.
  • Forbes Marshall Steam Systems Pvt. Ltd.
  • Krohne Marshall Pvt. Ltd.
  • Forbes Marshall (Hyd) Pvt. Ltd.
  • Forbesvyncke Pvt. Ltd.

Independent Director

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Abhinav Bindra

Abhinav Bindra (born on 28 September, 1982) is India’s first individual Olympic Gold medalist, at the Beijing Olympics 2008 for the 10-m air rifle shooting event. With over 150 medals in his 22-year career, he is a recipient of the Padma Bhushan from the Government of India, and one of the top influencers of Sport Policy in the country.
He is the founder of Abhinav Bindra Foundation and Vice-Chairman of Abhinav Futuristic Private Limited.

The Foundation’s mission is to build an ecosystem of excellence in the Indian sporting ecosystem and bring athletes, players at the grassroots, their stakeholders, and the general public together.

Independent Director

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Anami Roy
Anami Roy

A N Roy (born on 15 May, 1950) is a distinguished former civil servant, having served in the Indian Police Service in Maharashtra and Govt of India for over 38 years. He held a wide variety of assignments both in Maharashtra and under the Central government including Commissioner of Police, Aurangabad, Pune and Mumbai. He retired as Director General of Police, Maharashtra.

While in service, he headed the operations of the elite Special Protection Group, looking after the proximate security of the Prime Minister, former PMs and their families. Known popularly as the ‘People's Commissioner’, he set up many citizen-friendly schemes and systems to resolve and fulfil people's problems and expectations like Citizen Facilitation Centres, Mumbai Police Infoline, Elderline, Slum Police Panchayat etc.

He was appointed Advisor to the Governor of Andhra Pradesh when the state was under President's rule in 2014. In that capacity, he discharged the responsibilities as a Minister of many departments of the state like Home, Industry and Commerce, Housing, PWD, Health, Medical Education, Social Welfare. He also dealt with the separation of Andhra Pradesh into two states, AP and Telangana, and supervised the General Elections of 2014 in both states.

Post-retirement, Roy is engaged in the social/non-profit sector. He runs a not-for-profit company, Vandana Foundation, to support the livelihoods of the poorest of poor in urban and rural areas.

He is on the Board of Directors of GSK India, Bajaj Finserv, Bajaj Allianz General Insurance, Bajaj Allianz Life Insurance, Bajaj Housing Finance and Finolex Industries. He is on the India advisory boards of Encore Capital Group of USA and TrueNorth Private Equity Fund.

Independent Director

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Balaji Rai
D.J. Balaji Rao

Balaji Rao Jagannathrao Doveton (born on 15 December, 1939) holds a bachelor’s degree in Mechanical Engineering and is an Associate Member of Indian Institution of Industrial Engineering (AMIIIE). He attended the advanced management programme at the European Institute of Business Administration (INSEAD) at Fountainbleu, France in 1990.

He pursued his career as an Industrial Engineer for about 8 years before joining the erstwhile ICICI Ltd. (since merged with ICICI Bank Ltd.) in 1970. After wide-ranging responsibilities in different locations, he reached the position of Deputy Managing Director. He subsequently took over as the Vice Chairman and Managing Director of SCICI Ltd. in August 1996. With the merger of SCICI Ltd. with ICICI Ltd., he moved to Infrastructure Development Finance Co. Ltd. (IDFC) as its first Managing Director, which he served till his superannuation in January 2000. He has served as the Non-Executive Chairman of 3M India Ltd. between 2008 and 2014. He is on the boards of many leading companies.

Major directorships

  • Bajaj Auto Ltd.
  • Bajaj Finserv Ltd.
  • Bajaj Finance Ltd.
  • Bajaj Holdings & Investment Ltd.
  • CMI-FPE Ltd.

Independent Director

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Rakesh Sharma

Mr Rakesh Sharma joined Bajaj Auto in October 2007 as President (International Business) and is now an Executive Director on its board . He led the International Business for over 10 years during which the business grew in scale to nearly INR ~10,000 crores representing close to 40% of Bajaj Auto’s revenues then. He was elevated to the position of Chief Commercial Officer in July 2018 with the responsibility to lead the front-end Business Units.

He is a member of the Board of Commissioners of PT Bajaj Auto Indonesia, a subsidiary of Bajaj Auto Ltd. He is the Chairman of the Exports Council of the Society of Indian Automobile Manufacturers (SIAM) and the President of the International Motorcycle Manufacturers’ Association.

Prior to joining Bajaj Auto, Mr. Sharma worked for over 20 years with the ICI Group in the chemicals, speciality materials and paints businesses in India and overseas. His last posting was as CEO-Southeast Asia for ICI Paints.
Mr Sharma is a Commerce graduate from Delhi University and holds a PGDM from IIM Ahmedabad.

Executive Director

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Niraj R.
Niraj R. Bajaj

Niraj Bajaj's career spans more than 35 years and he is currently serving as the Chairman of Bajaj Auto since 1 May 2021. Born on 10 October 1954, he studied at the Cathedral and John Connon School. He did his B.Com., from Sydenham College of Commerce and Economics, Mumbai. He acquired his Masters in Business Administration (MBA) from Harvard Business School, Boston, U.S.A.

Niraj Bajaj is one of the Promoter - Directors of the Bajaj Group, which has over 50,000 employees, and a market capitalization of over ₹900,000 crores making it one of the largest family business houses in the country.

Niraj Bajaj is on the Board of Directors of Bajaj Allianz Life Insurance Co. Ltd. and Bajaj Allianz General Insurance Co. Ltd., and is the Chairman of Bachhraj & Company, Jamnalal Sons, and various other Bajaj Group companies. He is also the Chairman and Managing Director of Mukand Limited and the Vice Chairman of Bajaj Holdings & Investment Limited (BHIL).

Niraj Bajaj was the President of the Indian Merchants' Chamber, in 2007-08 when it was celebrating its centenary year. He was also the President of the Alloy Steel Producer's Association and the Indian Stainless Steel Development Association.

He has been a three-time All-India Table Tennis Champion and ranked India No.1 four times. He represented India in table tennis for seven years between 1970-77, of which last four years was as the Captain.

He is a recipient of the following awards:

  • Arjuna Award, India's highest Sports honour
  • Shiv Chhatrapati Award, Maharashtra's highest Sports honour
  • Maharashtra Gaurav Puraskar

 

Chairman

+
Balaji Rai
D.J. Balaji Rao

Balaji Rao Jagannathrao Doveton (born on 15 December, 1939) holds a bachelor’s degree in Mechanical Engineering and is an Associate Member of Indian Institution of Industrial Engineering (AMIIIE). He attended the advanced management programme at the European Institute of Business Administration (INSEAD) at Fountainbleu, France in 1990.

He pursued his career as an Industrial Engineer for about 8 years before joining the erstwhile ICICI Ltd. (since merged with ICICI Bank Ltd.) in 1970. After wide-ranging responsibilities in different locations, he reached the position of Deputy Managing Director. He subsequently took over as the Vice Chairman and Managing Director of SCICI Ltd. in August 1996. With the merger of SCICI Ltd. with ICICI Ltd., he moved to Infrastructure Development Finance Co. Ltd. (IDFC) as its first Managing Director, which he served till his superannuation in January 2000. He has served as the Non-Executive Chairman of 3M India Ltd. between 2008 and 2014. He is on the boards of many leading companies.

Major directorships

  • Bajaj Auto Ltd.
  • Bajaj Finserv Ltd.
  • Bajaj Finance Ltd.
  • Bajaj Holdings & Investment Ltd.
  • CMI-FPE Ltd.

Independent Director

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Lila Poonawalla

Lila Poonawalla (born on 16 September, 1944) holds a bachelor’s degree in Mechanical Engineering. She has also attended the 3-Tier Executive Program from IIM Ahmadabad, Marketing Program from Harvard Business School, Senior Executive Program from Stanford University and Advanced Marketing & Management program at IMD Lausanne (Switzerland). She is the former Chairperson and Managing Director of Tetra Pak India Limited and Alfa Laval India Limited.

She is serving on the boards of many leading companies, including Bajaj Allianz Life Insurance, Bajaj Allianz General Insurance, Bajaj Housing Finance Ltd, Volvo Eicher Commercial Vehicles, etc.

She received the Padmashree Award in the year 1989. She has also received the Order of the Polar Star award from the King of Sweden in 2003.

Independent Director

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