Bajaj Finance managing director Anup Kumar Saha has resigned from his position on July 21 due to personal reasons. The company said in an exchange filing that he has also resigned from his position as a director in the board of the company.
Significantly, Saha is seen as the potential candidate for IndusInd Bank's top position of MD and CEO.
"I take this opportunity to thank the Board, the management team, and all stakeholders of the company for their support and trust during my tenure. I remain committed to ensuring a smooth and seamless transition, and I am available to support the company during this period, as may be required," Saha said in his resignation letter.
Moreover, the company has assigned the additional responsibility of MD to Rajeev Jain and re-designated his position as vice chairman and MD till the remainder of his term that ends on March 31, 2028, the company said.
Jain was appointed by Bajaj Finserv as additional director in a non-executive position in March this year, and also as the vice chairman of Bajaj Finance effective April 1 2025. He served as the MD of the firm from 2015 till March this year before he was re-designated as its vice chairman.
