Bajaj Finance is intensifying its efforts to build HR around the 'employee as a customer' mindset. With that aim in mind, Bajaj Finance has appointed Subeer Bakshi as the Head of HR Excellence. In this newly created role, he would help to build next generation HR Capabilities across the employee life cycle. Subeer’s special focus would be on HR Effectiveness and Analytics, working with Deepak Reddy who heads HR for Bajaj Finserv.
On his new role and responsibilities, Subeer said, "In the last few years a nihilism has overtaken HR. Nothing seems to work anymore. Ratings, employee engagement, hi-po programs, managers role, business partnering & HR service delivery - everything is being questioned and torn down to be rebuilt. I believe the age of benchmarks is coming to an end, and the recent changes herald a real shift to evidence-based management (including HR) practices. Bajaj finance is a future-oriented organization, with a strong focus on measurement and execution. Its speed of decision making, scale and genuine desire to build a function around its employees and customers makes it a very exciting place for HR professionals looking to experience the new age of HR. I am glad to have this opportunity to help build HR capabilities for the future at Bajaj Finance. I hope to usher in class defining HR practices and collaborate with other progressive Indian firms that share similar aims"
Prior to Bajaj Finance, Subeer has worked for over a decade in HR consulting, most of which was with Willis Towers Watson. In has last role, he was working as the leader of the advisory business in Singapore and was also appointed to lead the Rewards practice for the APAC region. He will be joining Bajaj Finance on 3rd July at their Pune office.
Bajaj Finance is a 29-year-old diversified NBFC with a focus on consumer finance, SME & Commercial lending and wealth management. It is the largest financier of consumer durables in India with nearly 300 branches and a footprint that also includes large swathes of rural India. Its current scale has come about because of its explosive growth over the last decade and the company continues to project a 25% growth for the next several years. Among the many reasons for their growth, a critical factor was the investments in building long term and strategic capabilities in Technology, Risk and Analytics, which has allowed the company to reach the current momentum. They also have been featured at the top of employer of choice studies in India since they started participating.