K-Electric appoints former PSO MD as new CEO

K-Electric (KE) has appointed Syed Taha as the new Chief Executive Officer (CEO), replacing Adeeb Ahmad, the interim CEO, the general manager of the Pakistan Stock Exchange (PSX) confirmed in a letter on Tuesday. The change in leadership, the letter states, will take effect from April 15, 2026. {{pdf}} Taha holds an engineering degree with a Master of Business Administration (MBA) in Finance from the Institute of Business Administration (IBA) in Karachi, the letter added. Since February 2020, the succeeding CEO has served as the managing director and CEO of Pakistan State Oil. Prior to this, he worked as an executive director in Oasis Energy as the head of the Program Management Office of Port Harcourt Electricity Distribution Company in Nigeria, the letter stated. Taha has also worked as the chief distribution officer at KE and has held various positions in different organisations, it added. Read: NA panel summons KE over PSM tariffs Interim CEO Ahmad replaced Moonis Alvi as chief of the energy utility company after the former stepped down from his position last month. In a post on X, Alvi announced his resignation, saying, “It has been an honour to serve an institution so central to Karachi’s life, alongside some of the most resilient and committed professionals I know.” He also stated that he would “support a smooth transition,” after his departure. After 18 years with K-Electric, including almost 8 as CEO, I have decided to step down. It has been an honour to serve an institution so central to Karachi’s life, alongside some of the most resilient and committed professionals I know. I will support a smooth transition. — Moonis Alvi (@alvimoonis) February 6, 2026 Alvi was found guilty of workplace harassment in July, 2025. Sindh’s Provincial Ombudsman ordered his immediate removal and imposed a Rs2.5 million fine. Just last month, the Sindh High Court’s constitutional bench disposed of a petition filed by Alvi against the decision, after the petitioner withdrew his plea. The court also approved Alvi’s request for the return of the Rs2.5 million deposited as fine. The petitioner's counsel informed the bench that the then Sindh governor, Kamran Tessori, had accepted an appeal against the ombudsman’s order and set aside the impugned order.