Bajaj Finserv appoints Rajeev Jain as Additional Director

Bajaj Finserv on Friday appointed Rajeev Jain as Additional Director in a non-executive position.He has also been appointed as Vice-Chairman of Bajaj Finance Ltd. effective April 1 2025

Jain joined the Bajaj Finserv Group in 2007 as the Chief Executive Officer of Bajaj Finance Ltd and later became the Managing Director in 2015. Earlier, he has worked with GE, American Express and the American International Group (AIG), serving in various senior leadership roles.

Meanwhile, Bajaj Finserv shares at 2:50 pm were trading 6.86 points lower at 1845. Additionally, Bajaj Finance shares surged to a record high 9,089.00 on March 21, after his appointment.

“An industry veteran with nearly 3 decades of stellar experience in managing diverse consumer lending businesses, viz., auto loans, durable loans, personal loans and credit cards, Rajeev has spent 18 years with Bajaj Finance, driving sustainable businesses and large-scale digital transformations to create long-term value for stakeholders. Known and admired for his innovative and disruptive ideas, Rajeev has harnessed the power of emerging digital technologies to deliver faster solutions and frictionless experiences to customers in a rapidly changing digital landscape,” Bajaj Finance said in a stock exchange filing.