In a significant leadership change, K-Electric's Board of Directors has appointed Adeeb Ahmad as the interim CEO, replacing Syed Moonis Abdullah Alvi, effective immediately. This development was confirmed in a meeting held by the board, as reported by The Nation Business on February 15, 2026. Ahmad's appointment follows Alvi's resignation, which occurred shortly after he was cleared in a high-profile harassment case, as noted by pkrevenue. Ahmad brings a wealth of experience to the role, having previously served as the CEO of Hascol Petroleum Limited and holding senior advisory positions in the energy sector across various regions, including the MENA region and Southeast Asia, according to thenews.pk. His educational background includes an MSc from the London School of Economics and an MBA from IBA Karachi.