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The three men who built Bajaj Finance
Sometime in the late 2000s, Rahul Bajaj handed his younger son Sanjiv, the family’s tiny financial services business. Sanjiv was an engineer and an MBA – but he didn’t know consumer lending.
So Rahul asked his own brother-in-law to mentor him.
That brother-in-law was Nanoo Pamnani — a Citibank veteran who had become Citi India’s CEO at 37. He was known to be unforgiving with his time and ruthless with detail. His internal reviews ran for four hours, across 400 slides, covering 2,000 different metrics!
Then he and Sanjiv interviewed 30 candidates for the CEO role — and picked Rajeev Jain.
Sanjiv. Pamnani. Jain.
That’s the trio that turned a sleepy captive lender into India’s most valuable NBFC.
Episode 2 of Intermission — the full story of how Bajaj Finance got here.
▶ Watch the full episode: https://youtu.be/jhgvdo9rb0w
🌐 More on the microsite: theken.com/intermission
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