Ajay Kumar Choudhary Appointed As Independent Director Of Bajaj Finance

The Board of Directors has approved the appointment of Ajay Kumar Choudhary as an Independent Director of Bajaj Finance Limited, effective February 01, 2025, subject to the approval of the members.

Choudhary is currently the Non-Executive Chairman and Independent Director of the National Payments Corporation of India (NPCI) and its subsidiaries. He is a former Executive Director at the Reserve Bank of India (RBI), where he served for over three decades before retiring in October 2023. Throughout his career, he worked in areas such as banking regulation, supervision, FinTech, and payments and settlement systems. He has also held Director positions in several other organisations and acts as a senior advisor to various firms. He has contributed to RBI’s initiatives, including Central Bank Digital Currency (CBDC), regulatory approaches to FinTech, and the Platform For Frictionless Credit. Choudhary’s work extends to international forums and regulatory assessments.