Rajeev Jain appointed CEO of Bajaj Auto Finance

September 13, 2007: Bajaj Auto Finance Limited (Bajaj Finance) is pleased to announce the appointment of Rajeev Jain as Chief Executive Officer with effect from September 7, 2007. Rajeev is a management graduate by profession and has 15 years of experience in consumer lending industry. He comes with the experience of managing diverse consumer lending businesses viz. auto loans, durables loans, personal loans and credit cards. In his previous assignments he has worked over four years with GE and eight years with American Express. He joins Bajaj Finance from AIG, where he was Deputy CEO for its consumer finance business.

Bajaj Finance is a leading player in the 2 wheeler, personal computer and consumer durable financing space. Rajeev will build the strategic framework to strengthen the existing businesses and start new ones. The management committee of Bajaj Finance comprising of Business, HR, Technology, Finance, Credit & Collections, Operation and Audit will report to and work with Rajeev to steer Bajaj Finance into a world class consumer lending company.