Bajaj Finance elevates Ms. Jennifer Fernandes to Chief Human Resources Officer

Bajaj Finance Limited announced the elevation of Ms. Jennifer Fernandes, previously Deputy Chief – Human Resources Officer, to the position of Chief – Human Resources Officer of the company. This decision was approved by the Board of Directors at its meeting held on 10 November 2025, based on the recommendation of the Nomination and Remuneration Committee and in line with the succession framework. Ms. Fernandes' responsibilities as Dy. CHRO included HR Partnering, Talent Acquisition, Learning & Development, HR Tech PMO, People Analytics, and HR Employee Services. During her tenure, she scaled the company headcount from 37,000 to approximately 65,000 employees, set up 10 Regional Training Centers (RTCs), launched a job rotation framework, and maintained industry-best employee attrition. Prior to this role, from January 2021 to April 2023, she served as the CHRO for Bajaj Housing Finance Limited, where she led HR & Administration functions, designed incentive frameworks, and launched employee-led growth policies. She joined Bajaj Finance in October 2015, initially heading Compensation & Benefits and HR Policies, and later took on additional responsibilities for Talent Acquisition and HR COE functions. Before joining Bajaj Finance, she worked for 9 years with L&T Financial Services, contributing to the establishment of HR functions and the listing of L&T Finance Holdings in 2012. Ms. Fernandes began her career in 2001 after completing her PGDPM from Xavier Institute of Social Service, Ranchi (XISS).