Anuj Poddar steps down as Bajaj Electricals MD & CEO

Bajaj Electricals Limited has announced the resignation of its Managing Director and CEO, Anuj Poddar, who shall be moving on to pursue an external opportunity.

The Board has accepted his resignation while recognising and acknowledging Anuj’s stellar contributions in formulating the transformation and growth journey of the Company over the past five and a half years. His last date with the company shall be 30th September, 2024.

Commenting on his resignation, Shekhar Bajaj, Chairman – Bajaj Electricals shared, “Anuj joined us at a time when we were facing significant challenges, and he has demonstrated exceptional passion, leadership and strategic foresight in navigating our organisation into a strong position. He has embodied the values of the Bajaj Group and focused on doing what is right for the business and all our stakeholders. The Board and I have regretfully accepted his decision to pursue a professional opportunity outside the organisation. During the period of transition following his exit, as the Executive Chairman, I shall take over his responsibilities and along with our strong leadership team, we will continue to drive our future growth.”

Anuj Poddar said, “It has been a privilege to have been a part of Bajaj Electricals’ momentous journey over the past few years. I thank our Chairman, Mr. Shekhar Bajaj, for reposing his faith in me and his constant guidance and support. I shall always remain proud of and indebted to our entire team who have been an integral part of this journey and instrumental in the success we have achieved. I remain immensely confident of the strategic trajectory we are on and wish the Board and the Company all the very best for its continued success.”