KARACHI: K-Electric (KE) on Friday appointed Adeeb Ahmad as the company’s interim chief executive officer (CEO) with immediate effect.

Last week, Moonis Alvi had stepped down as the company’s CEO, days after getting a clean chit from the Sindh governor in a workplace harassment case.

According to a press release issued on Friday, the KE board of directors held a meeting and decided that Mr Ahmad, who is one of the members of the utility’s board, would be appointed the CEO in place of Mr Alvi with immediate effect.

“The board has commenced an accelerated search for a permanent CEO,” the KE stated in a disclosure to the Pakistan Stock Exchange (PSX).

According to KE, the new CEO’s career spans 34 years, including C-suite roles. He has been involved in managing private equity funds, mergers and acquisitions and transformation focused on energy and other infrastructure sectors. He recently served as the CEO of Hascol Petroleum Limited.

He holds an MSc from the London School of Economics and an MBA from the Institute of Business Administration, Karachi.

Published in Dawn, February 14th, 2026