Key Corporation Ltd appoints Yogesh Chadha and Devesh Srivastava as Additional Directors

Key Corporation Ltd appoints Yogesh Chadha and Devesh Srivastava as Additional Directors​

Key Corporation Ltd has appointed Mr. Yogesh Yashpaul Chadha and Mr. Devesh Srivastava as Additional Directors of the company. The appointments were approved by the Board of Directors during a meeting held on Wednesday, July 15, 2026. Both directors will serve a term of five consecutive years, commencing from July 15, 2026, and concluding on July 14, 2031. The appointments are subject to the approval of Members through Postal Ballot.

The Board meeting, which commenced at 1:30 PM and concluded at 2:30 PM, made the decision following the recommendation of its Nomination & Remuneration Committee.

Profiles of Newly Appointed Directors​

Mr. Yogesh Yashpaul Chadha
Mr. Chadha is a Chartered Accountant with B.com (Hons.) from Delhi University and is currently pursuing a doctorate from a Swiss college. He brings over 37 years of professional experience in the financial services industry, combining strategic insight with hands-on leadership skills.

His professional history includes roles such as Chairman (Independent Director) for Sharekhan Limited and Mirae Asset Investment Managers (India), where he was involved with AUM up to approximately USD 25bn. Other board positions held by Mr. Chadha include Global Partners Property Fund (UAE), Choice Asset Management Company Pot. Ltd., SI CREVA Capital, and Newdealnc (US).

His previous executive roles include serving as COO at JP Morgan Chase (2001-2004), CFO at HSBC Bank (1997-1999), and Executive Director at Riyadh Investment Company (1991-1997). Mr. Chadha also held positions with DCB Bank, Basil Capital Partners (Singapore), and the Annamrita Food Relief Foundation.

Mr. Devesh Srivastava
Mr. Devesh Srivastava is a highly experienced figure in the insurance sector, having been involved since 1987. He possesses both direct insurance and reinsurance experience, and gained international exposure while posted to GIC Re's London branch, where he played a key role in establishing Lloyds Syndicate 1947.

Mr. Srivastava holds a BSc with Honours in Physics from St Stephen's College Delhi and an MSc degree in Management from the Management Development Institute (MDI) Gurgaon. He has held numerous high-level board positions across various entities including GIC Re South Africa Ltd., GIC Perestrakhovanie LLC, Export & Credit Guarantee Corporation of India, and the Life Insurance Corporation of India.

Currently, Mr. Srivastava serves as the Chairman of the Board of Liberty General Insurance in India and the Niyam group behind Lloyds Syndicate 2047.

Stock Price Movement​

Key Corporation Ltd shares settled on Wednesday, finishing at ₹63.64 after edging up 5.00%. The stock traded during the day within a tight range, moving between a low of ₹59.56 and an intraday high of ₹63.64.