Bajaj family has a clear succession strategy for its financial services businesses- to identify them young and make them ready for the future of the company with experience across verticals, Sanjiv Bajaj, chairman and managing director of Bajaj Finserv, told Mint in an interview.
Bajaj said the group identifies the talent ‘early’ and move them around in various roles across businesses to gain valuable experience.
He told the newspaper that the potential candidates move from business to human resources to operations and by the time they enter their 40s, the employees have already gained a good experience across verticals, adding that the “idea is to make better leaders out of them”.
The group’s over 100,000-strong workforce comes to office daily because they ‘enjoy’ their work, and not just to earn their wages, Bajaj said during the interview.
Recently, Bajaj Finserv saw some changes in its leadership with the appointment of Rajeev Jain as vice chairman and additional director of the group.
Anup Kumar Saha has been elevated as the new managing director of the company.
On Monday, the stock of the company was trading at Rs 1,888.55, up by 2.24 percent on NSE at 11:01 am.
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