Rajiv Bajaj, a prominent figure in the Bajaj group, will step down from the board of Bajaj Finance, announcing that he will not seek re-election at the upcoming annual general meeting on July 30, 2026. This decision will mark the end of his tenure as a non-executive director, during which he has significantly contributed to the company for over three decades. The Board of Directors expressed their appreciation for his long-standing association and contributions during a recent meeting. In addition to his role at Bajaj Finance, Bajaj serves as the Managing Director of Bajaj Auto and holds several directorships in various Bajaj group companies, including Bajaj Holdings & Investment Ltd and Bajaj Auto Credit Ltd. His educational background includes a degree in Mechanical Engineering from the University of Pune and a Master's in Manufacturing Systems Engineering from the University of Warwick, highlighting his expertise in business strategy and innovation.