• Senior Management

Senior Management

Navita Yadav

Managing Director & Chief Executive Officer

Navita Yadav is the Managing Director & Chief Executive Officer of Vistra ITCL (India) Ltd. She is also the Global Head of Capital Markets for Vistra Group.

Over the last two decades, she has consistently driven revenue growth and profitability of Capital Markets and Financial services businesses in Asia. Under her leadership, Assets under Administration grew from USD 40 billion to over USD 125 billion while preserving a dominant market share in all Capital market business segments. Navita also carries valuable hands-on experience in M&A and integration across businesses in Asia and Europe.

Navita joined Infrastructure Lender, IL&FS Group in 2011 to head the Corporate Trust/ Structured Finance business (ITCL) in Debt Capital Markets. She led the Company to develop the largest independent Corporate Trust platform for Issuers in Debt Capital Markets and for servicing their long term borrowing programs. In early 2016, she led the significant acquisition of ITCL, marking the first FDI in Corporate Trustee space in India. Earlier, she was with one of the largest private lenders in Asia, Axis Bank for a decade, where she held various key positions across Commercial Banking and Global Private Banking. Prior to that, Navita was with KPMG where she handled several key clients in financial services.

She has completed her education at the University of Delhi, specialising in financial management and is an alumnus of IIM Kolkata with specialisation in International Business.



Sekhar Devdas

Chief Operating Officer

Sekhar is a Commerce Graduate and holds a Diploma in Business and Industrial Management. He has over 35 years of post-qualification experience in various functions of Accounts, Finance and Operations. His areas of expertise includes Corporate Finance, Taxation, Accounting, Operations, Merger & Acquisitions and Automation.


E: sekhar.devdas@vistra.com


Daisy Fernandes

Head Legal

Daisy is a qualified Lawyer with over 20 years of post-qualification experience in various functions of operations and Legal. Her area of expertise includes debenture trusteeship, security trusteeship, project finance documentation, litigation, due diligence, development of operational policies, other legal and compliance related trusteeship and corporate functions.



Neeraj Aggarwal

Head Business Development – Capital Markets

Neeraj is a qualified CFP, LLB and MBA with over 14 years of work experience in the area of Fiduciary services, Wealth Management and Branch Banking. His areas of expertise include Capital Market, Funds, Estate and Succession planning advisory services & Employee Welfare Services. He is leading business development for various Corporate Trust, Private Clients and Capital Market products.


E: neeraj.aggarwal@vistra.com


Nityananda Shanbhag

Head Finance & Accounts

Nityananda is a qualified Chartered Accountant with over 14 years of post-qualification experience in the areas of Accounts, Corporate Finance, Operations, Financial Due diligence, Audit and Taxation. His areas of expertise include Financial control, Accounting and Taxation, Reporting, MIS, Audits, Receivables and collections as well as Automation, Infrastructure and Administration.


E: nityananda.shanbhag@vistra.com


Dipti Jain

Company Secretary & Head Corporate Service Operations

Dipti is a member of the Institute of Company Secretaries of India (ICSI) and holds Bachelor's degree of Commerce and Law from the University of Mumbai, India. She has over 15 years of post-qualification experience with an expertise in Corporate Secretarial, Legal & Compliance, Corporate Governance, Incorporation of Overseas Companies, FEMA & Insurance compliances, Development of corporate & operational policies and Merger & Acquisitions.


E: dipti.jain@vistra.com


Jonika Jain

Head Human Resources

Jonika is a Post Graduate in Management with over 15 years of experience in various functions of HR, Internal Communication and Corporate Social Responsibility predominantly in Banking and Financial Institutions. Her areas of expertise include Talent Management, Business Partnering, Talent Acquisition, Performance Management, Learning & Development, Internal Communication, CSR, Diversity and Inclusion. She is certified for Behavioral Event Interviewing and Predictive Index. 


E: jonika.jain@vistra.com


Ninad Lendhe

Head of Operations

Ninad is a qualified Chartered Accountant with over 15 years of experience in various areas of Banking, Insurance, Mutual Fund, Wealth Management and Capital Market Operations. His areas of expertise include Fund Administration, Banking, Fund Accounting, Risk management and Process Automation. At Vistra ITCL he is leading the Operations for Debenture Trustee, Security Trustee, Securitization and Fund Administration activities.


E: ninad.lendhe@vistra.com


Jatin Chonani

Compliance Officer

Jatin is an Associate of the Institute of Company Secretaries of India (ICSI) and holds Bachelor of Law degree from University of Mumbai. He has also done Post Graduation Diploma in Financial Management (PGDFM). Jatin has over 12 years of experience in Compliance, Legal, Risk and Secretarial functions.



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