K-Electric, Pakistan’s sole vertically integrated power utility, has appointed Syed Taha as its new Chief Executive Officer, effective April 15, 2026. He succeeds Adeeb Ahmad, who had been serving as interim CEO since mid-February.
The announcement was made through a letter submitted to the Pakistan Stock Exchange on March 24 by Rizwan Pesnani, K-Electric’s Chief Risk Officer and Company Secretary.
Taha has been leading Pakistan State Oil (PSO), the country’s largest oil marketing company, as Managing Director and CEO since February 2020. Prior to that, he was Executive Director at Oasis Energy, overseeing the Program Management Office of Port Harcourt Electricity Distribution Company in Nigeria.
Taha also previously served as K-Electric’s Chief Distribution Officer, making this a return to the company he knows well. He holds an engineering degree and an MBA in Finance from the Institute of Business Administration, Karachi.
His appointment concludes a turbulent period for K-Electric’s leadership. In February 2026, long-serving CEO Syed Moonis Abdullah Alvi resigned after nearly eight years in the role and 18 years with the company. His departure followed Sindh Governor Kamran Tessori’s decision to overturn a provincial ombudsman’s order seeking Alvi’s removal over workplace harassment allegations.
The company also restructured its board in March, appointing Shaheryar Chishty, founder of AsiaPak Investments and a former senior investment banker at Citigroup and Nomura, as acting chairman during Mark Skelton’s absence.
Serving over 3.7 million customers across Karachi and parts of Sindh and Balochistan, K-Electric generates approximately 1,875 MW from its own plants and draws an additional 1,680 MW from external producers, including 1,100 MW from the national grid.
KES Power, a consortium including Al-Jomaih Power Limited (Saudi Arabia), National Industries Group (Kuwait), and the Infrastructure and Growth Capital Fund, holds 66.4% of the company, while the federal government retains a 24.36% minority stake.
Taha takes charge at a time when K-Electric faces infrastructure challenges, regulatory scrutiny, and long-standing customer concerns over service reliability and billing in Karachi.
