Axis Trustee Services is shifting from passive oversight to active risk management. Under new CEO Rahul Choudhary, the firm is expanding its role beyond basic compliance to proactively monitor defaults and pre-empt financial distress. With regulatory backing from SEBI, Axis Trustee is ramping up staff to 120 employees and prioritizing banking professionals over legal specialists. The strategy mirrors bank-level monitoring, tracking early warning signals across datasets to identify risks before they materialize. This transformation addresses long-standing criticism that trustees operated passively. By taking a more assertive stance on asset oversight and investor protection, Axis Trustee aims to strengthen market confidence and regulatory relations while managing its substantial 47.4 trillion rupees in assets under custody.
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