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    <title>Aaj TV English News - Business &amp; Economy</title>
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    <copyright>Copyright 2026</copyright>
    <pubDate>Sat, 04 Apr 2026 09:17:14 +0500</pubDate>
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      <title>K-Electric appoints Adeeb Ahmad as interim CEO</title>
      <link>https://english.aaj.tv/news/330452474/</link>
      <description>&lt;p&gt;&lt;strong&gt;The board of directors of K-Electric on Friday appointed Adeeb Ahmad as interim chief executive officer with immediate effect, in place of Syed Moonis Abdullah Alvi.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;In a statement, the company said the decision was taken at a board meeting held on February 13, 2026. The appointment follows an earlier disclosure to the Pakistan Stock Exchange on February 6.&lt;/p&gt;
&lt;p&gt;Alvi resigned earlier this month, ending an 18-year association with the utility, including nearly eight years as chief executive. He was first appointed CEO in June 2018 and was reappointed in July 2025.&lt;/p&gt;
&lt;p&gt;Joining K-Electric in 2008, Alvi previously served as chief financial officer, company secretary, and head of treasury.&lt;/p&gt;
&lt;p&gt;Announcing his decision on X, he said it had been an honour to serve an institution central to Karachi’s life and pledged full support for a smooth leadership transition.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>The board of directors of K-Electric on Friday appointed Adeeb Ahmad as interim chief executive officer with immediate effect, in place of Syed Moonis Abdullah Alvi.</strong></p>
<p>In a statement, the company said the decision was taken at a board meeting held on February 13, 2026. The appointment follows an earlier disclosure to the Pakistan Stock Exchange on February 6.</p>
<p>Alvi resigned earlier this month, ending an 18-year association with the utility, including nearly eight years as chief executive. He was first appointed CEO in June 2018 and was reappointed in July 2025.</p>
<p>Joining K-Electric in 2008, Alvi previously served as chief financial officer, company secretary, and head of treasury.</p>
<p>Announcing his decision on X, he said it had been an honour to serve an institution central to Karachi’s life and pledged full support for a smooth leadership transition.</p>
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      <pubDate>Fri, 13 Feb 2026 22:01:07 +0500</pubDate>
      <author>none@none.com (Web Desk)</author>
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