Bajaj Finserv appoints Kotak's veteran fund manager Lakshmi Iyer as President of Investments

Bajaj Finserv Ltd has appointed of Lakshmi Iyer as Group President of Investments, effective August 1, 2025, the company announced in a stock exchange filing on Tuesday.

She was a veteran fund manager at Kotak Mahindra Bank for nearly two decades, serving as a CEO of Investments and Strategy.

Iyer brings to the table 27 years of experience in financial services across numerous sectors - wealth advisory, strategy and product solutions spanning fixed income, real estate, and alternates.


She holds an MBA degree in finance from Narsee Monjee Institute of Management Studies.

She has also been recognized by Asian Investor publication as one of Asia’s 25 most influential women in asset management.

The position is currently held by Purav Jhaveri who is the current President of Investments at Bajaj Finserv Ltd., who has been serving the organization since 2020.

Jhaveri was previously working with Franklin Templeton Investments, USA as MD of investment strategy and portfolio management. He is an industry veteran since 1994. He is also a member of CII National Committee on Financial Markets.

Shares of Bajaj Finserv Ltd. were trading at 1996.35, down by 1.02% at BSE.