Bajaj Finance Elevates Manish Jain to Deputy CEO Role, Strengthens Leadership Bench

*Bajaj Finance Elevates Manish Jain to Deputy CEO Role, Strengthens Leadership Bench*

Bajaj Finance has approved the elevation of Manish Jain as Deputy CEO, effective May 1, 2025. Jain’s promotion reflects the company’s strategic focus on internal leadership development and its commitment to scaling consumer finance and digital lending operations across India.

Manish Jain Appointed Deputy CEO at Bajaj Finance to Drive Strategic Growth

Bajaj Finance Ltd has officially elevated Manish Jain to the role of Deputy Chief Executive Officer, following board approval based on recommendations from the Nomination and Remuneration Committee. Jain, who has been with the company for over a decade, will assume his new responsibilities starting May 1, 2025.

Jain has played a pivotal role in scaling Bajaj Finance’s flagship “No Cost EMI” business and has led key portfolios including consumer finance, credit cards, and marketing. His elevation comes at a time when the company is expanding its digital footprint and aiming to add over 16 million new customers in FY26.

Major takeaways:

Leadership update  

• Manish Jain appointed Deputy CEO, effective May 1, 2025  
• Promotion approved by Bajaj Finance’s Board of Directors  

Strategic relevance  

• Jain led growth in consumer finance and digital lending  
• Key architect of “No Cost EMI” and credit card expansion  
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Organizational impact  

• Strengthens succession planning and leadership depth  
• Supports company’s aggressive growth and customer acquisition targets  

Sources: NSE India, HR Today, Storyboard18, The Hindu Business Line.