Bajaj Finance introduced that its Managing Director, Anup Kumar Saha, has resigned from the corporate citing private causes. His resignation comes simply 4 months after he was appointed to the position.
In a swift transfer, the non-banking monetary big has reappointed Rajeev Jain as Managing Director until March 31, 2028. Jain, who had earlier served as Bajaj Finance’s MD previous to Saha’s elevation, will even proceed to function the corporate’s Vice Chairman, the corporate knowledgeable in a launch on July 21.
Saha, who joined Bajaj Finance in 2017, has been credited with reworking companies, launching new initiatives, increasing buyer attain, and fostering a tradition of innovation and customer-centricity consistent with the corporate’s imaginative and prescient to guide India’s monetary providers sector.
With over 32 years {of professional} expertise — together with 25 years within the monetary providers trade — Saha’s contributions span each banking and non-banking establishments. Previous to Bajaj Finance, he spent 14 years at ICICI Financial institution, the place he rose to Senior Normal Supervisor and served on the boards of ICICI Financial institution HFC and TU CIBIL. His management coated various segments together with bank cards, mortgages, auto loans, and structured finance, in addition to reworking debt administration and enterprise intelligence features.
An alumnus of IIT Kharagpur and IIM Lucknow, Saha is recognised for integrating expertise into monetary providers to drive inclusion and comfort, in line with the corporate’s web site.
With Rajeev Jain again on the helm, Bajaj Finance is predicted to keep up its strategic focus and proceed constructing on its strong progress trajectory in India’s aggressive monetary providers panorama.
