Bajaj Finance Elevates Rajeev Jain to Vice Chairman, Not Additional Director

Bajaj Finance has announced significant leadership changes, elevating Rajeev Jain to the role of Vice Chairman, effective April 1, 2025. Jain, who has been Managing Director since 2015, will serve as Vice Chairman for three years. Anup Kumar Saha, currently Deputy Managing Director, will succeed Jain as Managing Director. This transition is part of the company's succession planning. The appointments aim to ensure continuity and stability in leadership. Bajaj Finance's stock has surged following these announcements, reflecting market optimism about the company's future under new leadership.

 

Source: Economic Times, CNBC-TV18, Moneycontrol