
TAI – TRUSTEES ASSOCIATION OF INDIA
TAI is registered under the provisions of Companies Act as a Section 8 Company limited by guarantee and not having share capital. TAI is an association of debenture trustees, security trustees, REIT, InvIT, AIF Trustees, escrow agents, lender agents, etc and such other SEBI registered intermediaries which are engaged in trusteeship and allied activities in India and abroad.
How It Works
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Present-day Designs
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Intelligible Options
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High Performance
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Mission
There are locations in the United states of america as well as ationally. The organization was established in 2000 on the basis of a small idea deived by its promoters that was incepted.
Vision
There are locations in the United states of america as well as ationally. The organization was established in 2000 on the basis of a small idea deived by its promoters that was incepted.
Board of Directors

Shri Pradeep Kumar Malhotra, Managing Director & CEO of IDBI Trusteeship Services Limited, deputed by LIC of India.

Director
Pradeep Kumar Malhotra
Shri Pradeep Kumar Malhotra, Managing Director & CEO of IDBI Trusteeship Services Limited, deputed by LIC of India. He has rich experience of over three decades in various capacities including in Individual & Corporate Marketing, LIC Housing Finance Limited, Legal & Corporate Strategy and Investment functions of Life Insurance Corporation of India.
He has more than 12 years of experience in managing diverse Investment Functions such as Debt, Equity, Treasury, and ULIP Fund Management. He has also represented LIC of India, his parent company on the Advisory Board/Investment Committee of many Venture Funds. He was secretary in the high powered Investment Committee of LIC of India.
He has also worked as Chief (Legal) in the Corporate office of LIC of India overlooking various legal functions of the financial behemoth. He is a qualified Engineer, Graduated from Delhi College of Engineering besides being a Fellow of Insurance Institute of India.
He has reached highest level in NSE Certification of Financial Market (NCFM) and is also a qualified Company Secretary (Executive level). He has attended different Leadership programs from ISB, IIM Ahmedabad and other premium Institutions; and has attended various seminars conducted in India and overseas.

Director
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

Director
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.