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K-Electric Names Adeeb Ahmad Interim CEO After Alvi’s Exit

The board made an immediate appointment following a PSX-notified leadership change last week, with a permanent successor yet to be announced.

Overview

  • K-Electric’s board appointed Adeeb Ahmad as interim chief executive in a Friday meeting, effective immediately.
  • The move follows a Pakistan Stock Exchange notice on February 6 confirming Syed Moonis Abdullah Alvi’s resignation last week.
  • Company materials say Ahmad’s 34-year career includes C-suite roles and work in private equity, M&A, and transformations across energy and infrastructure.
  • He most recently served as CEO of Hascol Petroleum and earlier as Senior Advisor to the CEO and Deputy CEO-designate at ICD in Saudi Arabia.
  • K-Electric notes Ahmad holds an M.Sc. from the London School of Economics and an MBA from IBA Karachi.