Early Life and Education
Sanjiv Bajaj was born on November 2, 1969, into the Bajaj family, a family known for its significant contributions to Indian industry. He is the great-grandson of Jamnalal Bajaj, the founder of the Bajaj Group, and the younger son of Rahul Bajaj. Sanjiv received his early education at a Swiss missionaries-run Catholic convent school. He later pursued a Bachelor's degree in Mechanical Engineering from the University of Pune. He furthered his education with a Master's degree in Manufacturing Systems Engineering from the University of Warwick and an MBA from Harvard Business School.
Rise to Success
Sanjiv Bajaj began his career at Bajaj Auto in 1994, where he held various leadership roles in finance, legal, and international business functions. He is credited with introducing American-style supply chain management to Bajaj Auto. In 2008, following the demerger of Bajaj Auto, Sanjiv became the Managing Director of Bajaj Finserv. Under his leadership, Bajaj Finserv has grown to become a leading financial services company in India.
Key Business Strategies
Sanjiv Bajaj has focused on innovation and sustainable profitability. He has expanded Bajaj Finserv into consumer finance, SME lending, insurance, and wealth management. His strategies include a consumer-first approach and the adoption of digital technologies. He has also emphasized the importance of fintech partnerships and exploring new business opportunities.
Philanthropy
While specific amounts are not readily available, Sanjiv Bajaj is involved in various initiatives through the Bajaj Group, supporting education, healthcare, and community development.
