IDBI's Ashok Motwani joins Beacon Trusteeship as CMD

Mr. Ashok Motwani, Ex-CGM, IDBI Bank Ltd. joined Beacon Trusteeship, an upcoming trusteeship company effective 1^st September 2016, as the Chairman and Managing Director. Mr. Motwani is a veteran finance professional having worked with leading institutions such as IDBI Trustee, SHCIL, IDBI Bank, ARCIL and SIDBI. He has over 35 years of experience in diverse areas such as investment and corporate banking, project advisory, structured finance, debt syndication, trusteeship activities & NPA resolution

Before taking pre-mature retirement to join Beacon, Mr. Motwani served as CGM with IDBI Bank. At IDBI, his financial versatility helped him don many hats while heading various sectors in the operational banking.  Before his stint as CGM, he also served as MD & CEO of Stock Holding Corporation of India, Large Corporate Group at IDBI Bank, GM Structured Products & Syndication Group at IDBI Bank and as MD and CEO of IDBI Trusteeship, Mr. Motwani was instrumental in giving a new direction to the business & was able to grow the revenue multifold from where he began.

At the helm of Beacon Trusteeship, Mr. Motwani will steer the company as Chairman and Managing Director and will give strategic direction to of the Company. With the extensive practical knowledge in the field, Mr. Motwani will bring exponential growth by tactical alliances and innovative product strategies.