Pune, Maharashtra, India, March 2025 – Rajeev Jain has been elevated to the position of Vice-Chairman at Bajaj Finserv, transitioning into the new executive role effective April 1, 2025, for a three-year term. Having served as Managing Director at Bajaj Finance Ltd. since 2015 and CEO prior to that, Jain’s appointment reflects his instrumental leadership and enduring impact on the company’s journey.
Rajeev has been at the heart of Bajaj Finance’s transformation for nearly two decades. As Managing Director for the last ten years, he led the company through an extraordinary phase of growth, scaling it from ₹2,500 crores to ₹21,000 crores in just 6.5 years. Under his stewardship, Bajaj Finance became a prominent diversified financial services institution with a strong presence across consumer, SME, and commercial segments.
Before becoming MD, Rajeev served as Chief Executive Officer at Bajaj Finance Ltd., where he laid the foundation for the company’s pivot into high-growth markets and played a pivotal role in redefining its strategic direction. His results-driven leadership helped establish Bajaj Finance as one of the most dynamic NBFCs in the country.
Prior to joining the Bajaj Group in 2007, he was Deputy CEO at AIG, where he led the company’s entry into the Indian consumer finance space by acquiring mortgage and consumer finance firms. He spent nearly eight years at American Express, serving as Business Head for Personal & Business Lending, and also contributed across cards, lending, and wealth management businesses.
Rajeev began his career at GE Capital and later served as Product Head for Auto Loans at ANZ Grindlays Bank, helping build their auto finance portfolio in India and expand market reach across the southern region.
About Bajaj Finserv
Founded in 2007, Bajaj Finserv is the financial services arm of the Bajaj Group. With a wide-ranging portfolio across lending, insurance, and wealth advisory, it is one of India’s fastest-growing and most diversified non-banking financial companies (NBFCs). Bajaj Finserv operates 24 product offerings across 12 product lines, delivering innovation, scale, and value to millions of customers throughout India.
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