Piruz Khambatta of Rasna Pvt Ltd. elected Chairman, CII Western Region and Sanjiv Bajaj of Bajaj Finserv Ltd. elected Deputy Chairman, CII Western Region for 2018-19

Mr Piruz Khambatta, Chairman & Managing Director, Rasna Pvt Ltd. has been elected as the Chairman of the Confederation of Indian Industry (CII) Western Region for the year 2018-19 while Mr Sanjiv Bajaj, Managing Director, Bajaj Finserv Ltd. has been elected as the Deputy Chairman of the CII Western Region for the year 2018-19. Their names were announced at the first meeting of the reconstituted Western Regional Council held in Mumbai.

The major focus areas would be Membership Engagement, Policy Advocacy, Ease of Doing Business Clinics, Policy Roundtables, Policy Formulation, Innovation & Start-ups, Making Members Future Ready, promoting industrial safety, water initiatives, Corporate Governance, Education & Skill Development and Job Fairs.

CII would also work closely with the State Governments on Clean & Safe City through City Connect initiatives and also on Water and Environment, Industry-Academia Linkages, CEOs Connect and the India We Want for school and college students.

Mr Piruz Khambatta is the Chairman and Managing Director of Rasna Pvt Ltd., India’s largest and the most popular Soft Drink Concentrates brand. Rasna’s operations in more than 40 countries in the world are backed with a vast distribution network of 9 factories in India at various locations. Rasna’s products are available in the remotest corners contributing to its enormous success.

Mr Khambatta has come a long way over two decades, when he first got involved with the company at the age of eighteen. His association with Rasna Pvt. Ltd. as Chairman and Managing Director dates back to the year 1997 after he took over the helm of affairs. Today, Mr Khambatta with his ingenuous qualities of hands-on-management and innovativeness in products and promotions has developed Rasna into an Indian success story.

Mr Khambatta is closely associated with CII Membership’s Engagement for over a decade. He was Deputy Chairman of CII Western Region. He is the Past Chairman of CII Gujarat State Council. He has been Chairman of CII National Food Processing Committee for many years and was Chairman, Task Force on Nation Building in Western Region.

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Mr Sanjiv Bajaj is Managing Director of Bajaj Finserv Ltd. Bajaj Finserv operates in the insurance business through Bajaj Allianz Life Insurance Company Limited and Bajaj Allianz General Insurance Company Limited, as well as in the lending business through Bajaj Finance Limited. His role includes guiding the current businesses and building new ones in the financial services space.

He is also the :

§ Vice Chairman of Bajaj Finance Ltd. since 15 October 2013.

§ Chairman of Bajaj Allianz Life Insurance Company and Bajaj Allianz General Insurance Company with effect from 1 April 2013. Was the Non-Executive Director of these two companies from their inception in 2001 up to 31 March 2013.

§ Managing Director of Bajaj Holdings & Investment Limited with effect from 1 April 2012 (earlier its Non-executive Director). Role includes building the strategy and team, and guiding this investment company, which has almost Rs. 60,000 crore in cash and investments including over 30% stake in Bajaj Auto and around 40% in Bajaj Finserv.

§ Former Executive Director of Bajaj Auto Limited (until 31 March 2012), having headed Finance & Control, legal & international business functions of Bajaj Auto over different periods from 1994 until 2012 and currently its Non-Executive Director.

Mr Sanjiv Bajaj has been the Chairman of CII National Committee on Insurance & Pensions for the last 3 consecutive years. He was also the Chairman, CII WR Task Force on Entrepreneurship & Start Ups and Chairman, CII WR Sub-Committee on Governance.


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