The leadership change follows the resignation of Anup Saha, who stepped down as Managing Director, citing personal reasons. Saha also ceased to be a director on the board of Bajaj Finance.
Saha joined Bajaj Finance in 2017, as per the company. He has served 25 years in the financial services industry, of which 14 years were with a bank and 11 years with non-bank entities.
Jain, who has been with the Bajaj Finserv Group since 2007, first joined as CEO and later took over as Managing Director in 2015. He has shaped the company’s growth trajectory and has also served as Vice-Chairman of Bajaj Housing Finance, where he worked with the management on strategic direction.
According to the media, the company acknowledged Saha’s contributions: “Anup transformed existing businesses, launched new ones, expanded customer reach, and drove growth. He fostered a culture of innovation and customer-centricity, aligning with the Company's vision to dominate India's financial services.”
