Mumbai: The Bajaj Finance board has given vice chairman and managing director Rajeev Jain six months to come up with a detailed succession planning process, after the sudden departure of Anup Saha from the leadership position of the firm.
However, the name of the new MD will only be announced by the end of the fiscal ending March 2028, Jain told analysts in a post results call.
“Every incident has learnings and there is also a course correction. This issue was discussed extensively in the board meeting. The plan is that I will go back to the board in six months with a detailed succession planning process,” Jain.