KE Appoints Former PSU Head Syed Taha As New CEO, Ending Interim Rule
Pakistan's state-owned K-Electric on Tuesday officially appointed former Power Sector Organization chief Syed Taha as its new Chief Executive Officer. This decision marks the end of an interim leadership period and replaces Adeeb Ahmed who previously held a similar role at KE before his appointment to PSO management in 2018, where he served until March last year when PSU merged with K-Electric into one entity under Prime Minister Shehbaz Sharif's administration as part of Pakistan Power Company.
Key Points
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1K-Electric has officially appointed Syed Taha as its new Chief Executive Officer.
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2The appointment replaces Adeeb Ahmad who served in an interim capacity since mid-February, and will take effect on April 15.
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3Syed Taha is identified by multiple sources including the general manager of Pakistan Stock Exchange (PSX) confirming his role as former PSO MD with engineering qualifications.
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4The formal announcement was communicated through a letter submitted to the Pakistan Stock Exchange regarding leadership changes.
Developments
K-Electric has appointed Syed Taha as its new Chief Executive Officer on April 15 to replace interim CEO Adeeb Ahmad; previously serving since early March (notably replacing Moonis Alvi) at the company, Ahmed stepped down in February. *(Note: The text contains a chronological inconsistency stating Ahamed replaced someone who "stepped down" from his position only after he himself was appointed by Taha's predecessor on April 15 and that Ahmad had been interim since Feb)*
K-Electric appointed Syed Taha as its new chief executive officer effective April 15. The change follows Moonis Alvi's resignation from his interim role after receiving clearance in an alleged workplace harassment case, with Ahmad serving the previous term since February.
K-Electric appointed Syed Taha as its new chief executive officer effective April 15. The appointment follows interim CEO Adeeb Ahmad taking over after Moonis Alvi stepped down following his clearance in an alleged workplace harassment case; the company confirmed that a clean chit was not issued by Governor Kamran Tessori, contradicting previous reports of such confirmation for Mr.
K-Electric has appointed Syed Taha as its new CEO on April 15, replacing interim chief Moonis Alvi who resigned following findings that he was guilty of workplace harassment. The transition follows a Sindh Provincial Ombudsman's order for immediate removal and an Rs2.5 million fine imposed in July against the former executive after nearly two decades with K-Electric.