
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
Deepa Rath
Ms. Deepa Rath is the Managing Director & CEO on the Board of Axis Trustee Services Limited. Deepa is a Senior Banker with more than 20 years of experience in Corporate Banking, Fintech, Credit, Project Funding, MSME Financing, Retail Banking, Supply Chain Finance, Trade Finance etc. She has been with Axis Trustee services ltd since May 2021. She also represents Trustee industry as a member at various SEBI formulated policy advisory committees viz. CoBoSAC (Bond Markets), HySAC (REITs & INVITs) and AIPAC (AIF).
Prior to taking over as MD & CEO of ATSL, Deepa was part of the founding leadership team and spearheaded TReDS (Trades Receivable Discounting System) platform business at INVOICEMART / A. TREDS LTD (JV of Axis Bank & Mjunction), a pioneer work in the space of Digital & Transparent Financing of MSMEs. Before this, she led various business functions across geographies with Axis Bank Corporate Banking department. In the early part of her career, she took several roles with IDBI Bank and ICICI Bank Ltd within the Corporate Banking & Retail Banking franchise.
She has also been a speaker on various Finance & Fintech related forums. Deepa is known for her strategic leadership, customer centric approach, superior people & relationship management skills which have helped her set up and scale up New Businesses & High Impact Teams across domains. She is an MBA- Finance, MA in Economics, holds an Advanced Diploma in Software Technology & Systems Management and Advanced diploma in “Fintech & Financial Blockchain” from IIM Calcutta.

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.