Bajaj Finance on 29 April 2026 announced that its board has approved the re-appointment of Pramit Jhaveri as a non-executive independent director for a second five-year term, effective from 1 August 2026. The appointment is subject to approval by shareholders via a special resolution, signaling the company’s intent to maintain continuity in its governance at the top table.
Jhaveri arrives at Bajaj Finance with a career steeped in financial services and strategic advisory. He presently acts as an advisor and mentor to startups, corporates and family offices, serving as Senior Advisor to Premji Invest and PJT Partners. He also serves as an Independent Director on the boards of Bajaj Finance, Bajaj Finserv and Larsen & Toubro. His previous roles include Vice Chairman – Banking, Asia Pacific at Citi and, from 2010 to 2019, Chief Executive Officer of Citibank India, a tenure that spanned over three decades in the banking industry.
Beyond the boardroom, Jhaveri is active as a trustee in several philanthropic and cultural initiatives in India, reflecting a broader profile of leadership and community engagement. Importantly for Bajaj Finance, the company notes that he is not related to any of its directors, reinforcing the independence expected of a non-executive director who will help shape the company’s strategic direction over the coming years.
This move underscores Bajaj Finance’s emphasis on governance continuity and independent oversight as it pursues growth in a dynamic financial landscape, with the board keen to retain experienced judgment and steady stewardship on its oversight framework.