Bajaj Finance general counsel (GC) Sapan Gupta will join Shardul Amarchand Mangaldas in December to spearhead a national banking practice from Mumbai.

When 28 years after its birth, India’s most-diversified financial institution that’s not a bank, Bajaj Finance, looked inward, it realised it was short of a legal team comparable to the company’s overall size and rate of diversification. The company’s legal department was understaffed: a total of six in-house lawyers present to handle the documentation and litigation arising out of a portfolio of 11 non-banking financing (NBFC) businesses.

Read how the company hired Sapan Gupta from Standard Chartered and began its facelift.

Standard Chartered deputy head of legal Sapan Gupta has moved to Bajaj Finance as its first chief legal officer. At Bajaj Finance he will be responsible for setting up the formal legal function, reporting directly to the non-banking financial company’s (NBFC) CEO. His work will include finance and c...