Mr. Devesh Srivastava joined as new Chairman cum Managing Director of GIC Re on 17.12.2019
A direct recruit officer of the 1987 batch, Devesh went through places in his entire career. He started his career with Oriental Insurance Company Limited at Delhi. It was in 1999, his services were transferred to General Insurance Corporation of India and from there he never looked back.
Devesh has a very distinguished academic career also. He graduated in Physics (Hons.) from St Stephen’s College Delhi and also post graduated in Physics from the same college.
He received his post graduate degree in Management, majoring in Marketing with a Gold Medal from the prestigious Management Development Institute (MDI) Gurgaon in 2008.
His friends from MDI, Gurgaon remembers him very fondly. “He is a very cheerful and lively character but at the same time very focussed. No wonder he was the topper of our batch” confided a batchmate of his, from MDI Gurgaon. “He has an uncanny quality of mimicking, making people burst forth into peals of laughter. There is imprint of geniuses whatever he does”quipped another batchmate.
Devesh has wide array of experience in Reinsurance as he was posted in the Reinsurance Department and handled all speciality lines of Aviation, Marine Hull and Cargo, Oil & Energy, Miscellaneous and Liability.
Devesh headed the UK branch of the Corporation between 2013 and 2018. He became General Manager of GIC Re in 2017 and handled the departments of Human Resource & Training, Re-Insurance Worldwide (RIWW), Health, Corporate Communications, CMDs Secretariat, Innovation Centre, Ministry & IRDAI matters (coordination) with great distinction.
Devesh is a voracious reader and loves reading non-fictions. His favourite is PG Woodhouse. He also loves both Indian and western classical music. He is extremely fond of Pandit Bhimsen Joshi. He is also fond of many exquisite renditions of Mozart.
A human being par excellence and humility personified, Devesh also enjoys the gift of the gab. True to his charismatic personality, Devesh would like his epitaph to read “Uberrimae fidei” – ‘Utmost Good faith for all and malice towards none’.
