Mr. Nikhil Jain

Mr. Nikhil Jain is a seasoned financial services professional with over 34 years of experience
across Insurance, Housing Finance, Risk Management, Investments, Marketing and
corporate Governance.

He joined Life Insurance Corporation of India (LIC) in 1992 as an Assistant Administrative
Officer and has since held several leadership positions across Branch, Divisional, Zonal, and
Central Offices, as well as at LIC Housing Finance Limited. Throughout his distinguished
career, he has led diverse functions including Claims, Underwriting, Personnel, Vigilance,
Investments, Audit, Risk Management, Office Services and Marketing, driving organizational
growth and operational excellence.

Mr. Jain holds a Postgraduate Degree in Mathematics from Lucknow University and a
Master’s Degree in Forestry Management from the Indian Institute of Forest Management
(IIFM), Bhopal. He has also completed the one-year Post Graduate Executive Programme of
the Indian Institute of Management Ahmedabad. Additionally, he is a Fellow of the
Insurance Institute of India.

He played a pivotal role in LIC’s landmark Initial Public Offering (IPO). He also contributed
significantly to the Digital Initiatives in Marketing and was a key member of the team that
established the Risk Management Department in LIC including the framework for Enterprise
Risk Management. Mr. Jain also served as Regional Head, Western Region, LIC Housing
Finance Limited, overseeing operations across Maharashtra, Gujarat and Goa.

Mr. Rahul Ranjan Choudhary

Rahul Choudhary is the Managing Director & CEO of Axis Trustee Services Ltd. A career banker with over 21 years of experience, he has held leadership roles across wholesale banking, transaction banking, corporate credit, retail & digital banking, and risk & compliance.

Before joining Axis Trustee Services Ltd., Rahul was President & Head – Wholesale Banking Operations at Axis Bank, where he managed a 3,500+ member team across credit, trade finance, treasury, cash management, and custody services. He has a proven track record of leading large-scale digital transformation initiatives, operational excellence, and regulatory compliance.

Rahul has deep expertise in corporate & retail banking, risk management, and governance, and has played a key role in driving financial innovation, digital adoption, and process automation through new-age technologies like AI, RPA, and block chain.

He holds a PGPM in Finance & Marketing from MDI Gurgaon and a B.Sc. (Hons.) in Physics from Delhi University (Gold Medalist). He has also completed Executive Leadership programs from Columbia Business School, INSEAD, and Wharton.

Pursuant to the provisions of Section 152 of the Companies Act, 2013 the directors shall be appointed by the members through Ordinary Resolution in the General Meeting of the company. In view of the same, Mr. Rahul Ranjan Choudhary shall be appointed as Director by the members in the Annual General Meeting of the company

Shikha Ankur Bagai

Shikha leads India business of Vistra and is responsible for overseeing Vistra’s business growth across service offerings and clients in India.

Shikha is a Qualified Chartered Accountant from India, has cleared CPA from Denver, Colorado (USA) and is MBA from Indian School of Business, Hyderabad, a top management institute in India, where she is also currently pursuing an Executive doctoral degree. She brings two decades of experience and expertise in the financial services industry, at national and global levels. Shikha is a people and customer-centric leader with a strong track record of building high performance teams.

Prior to joining Vistra, Shikha was a part of the founding Leadership team as Chief Financial Officer of Aditya Birla Health Insurance Co Limited, a part of Aditya Birla Capital. In this role, she played a key role in making this business the fastest growing health insurance company of the country.

Previously, Shikha spent over a decade in the capital markets space as a part of the founding leadership team and CFO of IL&FS Securities Services. Her assignments spanned across different verticals of professional clearing services, securities lending, custody and fund services, with the clearing business gaining its way to becoming one of the largest players on Indian Stock Exchanges. Shikha joined Vistra group as Country Managing Director, India with effect from February 1, 2021. Shikha is also a trained Indian classical dancer and practices the art form of Bharatnatyam.