Bajaj Finance Ltd. has announced a key leadership transition, elevating Rajeev Jain to Vice Chairman for a three-year term while appointing Anup Kumar Saha as the new Managing Director, effective April 1, 2025. The move has put Bajaj Finance shares in the spotlight, as investors assess the impact of this transition on the company’s future growth trajectory.
Shares of Bajaj Finance closed Today’s trading session at Rs 8,679, down 0.59% or Rs 51 on the NSE.
Rajeev Jain, who has been instrumental in Bajaj Finance’s transformation into one of India’s leading non-banking financial companies (NBFCs), will now take on a more strategic role as Vice Chairman. Over his 18-year tenure, Jain has led the company’s expansion into consumer lending, digital payments, and investment solutions, making Bajaj Finance a household name in the financial services space. His elevation signals continuity in leadership and a strong focus on long-term strategic execution.
Anup Kumar Saha, currently serving as Deputy Managing Director, will take over as Managing Director. With more than 32 years of experience in financial services, including his tenure at ICICI Bank, Saha has been a key driver of Bajaj Finance’s customer growth, risk management, and digital transformation. His appointment ensures operational stability and is expected to keep the company on its robust growth path.
The leadership changes come at a time when Bajaj Finance is navigating an evolving market landscape, balancing growth with regulatory compliance and increasing digital adoption. The stock remains a key focus for investors, as they analyze how the company will maintain its leadership position amid rising competition in India’s financial services sector.
With over 97 million customers, a strong branch network, and a growing digital ecosystem, Bajaj Finance continues to be one of India’s most formidable NBFCs. The new leadership structure is expected to reinforce investor confidence and drive the company’s long-term value creation. Market participants will closely watch how Bajaj Finance executes its growth strategy under the leadership of Rajeev Jain and Anup Kumar Saha in the coming years.
