Bajaj Finance Re-appoints Naushad Forbes as Independent Director

The Board of Directors of Bajaj Finance has recommended to the shareholders the reappointment of Dr. Naushad Forbes as a Non-Executive Independent Director for a second term of five years, with effect from April 1, 2024.

Dr. Naushad Forbes is Co-Chairman of Forbes Marshall, India’s leading process and energy efficiency company. Dr. Forbes is Chairman, Ananta Aspen Centre, and Centre for Technology, Innovation, and Economic Research (CTIER). He was an occasional teacher at Stanford University from 1987 to 2004, where he developed courses on technology in newly industrialising countries. He is on the Boards of several educational institutions and public companies. He has long been an active member of the Confederation of Indian Industry (CII) and was president of CII for 2016 – 17. He is a founding member of Nayanta University, a full-service university opening in 2024, spearheaded by CII. His book, The Struggle and the Promise: Restoring India’s Potential, was published by HarperCollins in 2022. He received his bachelor’s, master’s, and PhD degrees from Stanford.