Bajaj Finance Classifies Tushar Deb as Senior Management Personnel Effective April 2026
Bajaj Finance Limited has classified Mr. Tushar Deb as Senior Management Personnel effective April 1, 2026. Deb, currently Executive Vice President - DMS, brings over 25.5 years of debt management experience and has been with Bajaj Finance for over 12.5 years. He will head the entire Debt Management function covering B2B, B2C, retail portfolios, compliance, and strategy across urban and rural markets.

*this image is generated using AI for illustrative purposes only.
Bajaj Finance Limited has announced the classification of Mr. Tushar Deb as Senior Management Personnel, effective from April 1, 2026. The company made this disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, informing both BSE and NSE about this organizational development.
Leadership Enhancement in Debt Management
Mr. Deb, who currently holds the position of Executive Vice President - DMS (Debt Management Services), will assume enhanced leadership responsibilities in his role from April 1, 2026. This classification represents a recognition of his expanded scope and strategic importance within the organization's management structure.
| Parameter: | Details |
|---|---|
| Effective Date: | April 1, 2026 |
| Current Position: | Executive Vice President - DMS |
| Classification: | Senior Management Personnel |
| Appointment Terms: | As per Company's senior employee policy |
Professional Background and Experience
Tushar Deb brings extensive experience to his enhanced role, with over 25.5 years in debt management across various financial sectors. His expertise spans credit cards, consumer finance, personal loans, and retail lending across leading multinational banks and financial institutions.
Key Experience Highlights:
- Bajaj Finance tenure: Over 12.5 years with the company
- Functional expertise: Consumer, Rural, Compliance, and Centre of Excellence (COE) within Debt Management Services
- Previous roles: Leadership positions at Fullerton India Credit Company Limited, HSBC, Barclays, ABN AMRO, and Standard Chartered Bank
- Educational background: Bachelor's degree in Commerce from Gujarat University and Post Graduate Executive Certificate in General Management from IIM Raipur
Expanded Responsibilities
In his enhanced role, Deb will head the entire Debt Management function for Bajaj Finance, covering a comprehensive range of operations and strategic areas.
Scope of Leadership:
- B2B and B2C debt management operations
- Retail loan portfolios across urban and rural markets
- Compliance and audit functions
- Centre of Excellence (COE) and strategy development
- Enterprise-wide capabilities including BI & analytics, systems & IT, legal PMO, vendor management, and training & development
Strategic Impact
Deb's classification as Senior Management Personnel reflects his significant contributions to building Bajaj Finance's debt management infrastructure. His previous role involved heading the DMS COE, where he managed enterprise-wide capabilities across multiple product lines and successfully handled large-scale portfolios, including the co-branded credit card business.
The appointment underscores Bajaj Finance's focus on strengthening its debt management capabilities and governance frameworks. Deb is recognized for his ability to build scalable operations and high-performing teams, skills that will be crucial in his expanded leadership role.
Historical Stock Returns for Bajaj Finance
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -3.91% | -5.37% | -17.40% | -15.14% | -2.60% | +57.42% |






























