Mumbai: Anup Kumar Saha, who has made the CEO shortlist for the at present committee-run IndusInd Financial institution, resigned as managing director of Bajaj Finance, the nation’s greatest shopper finance firm by market worth, on Monday, citing private causes.
Saha’s resignation was accepted by the board throughout a gathering held on Monday, Bajaj Finance advised inventory exchanges. After Saha’s departure, Rajeev Jain was re-designated as vice-chairman & MD, efficient instantly, together with his time period prolonged till March 31, 2028.
Saha had changed Rajeev Jain as MD simply 4 months in the past. He had joined Bajaj Finance in 2017 and was appointed as MD for 3 years. Saha is among the many 3 CEO candidates shortlisted by IndusInd board to interchange Sumant Kathpalia. The opposite two are Rajiv Anand, deputy managing director, Axis Financial institution, and Rahul Shukla, group head, industrial and rural banking, HDFC Financial institution. -Our Bureau
