Kapco Leadership Change After Shahab Qader Khan Resignation

On February 26, 2026, Shahab Qader Khan resigned as Chief Executive Officer of Kot Addu Power Company Limited (KAPCO), a significant player in Pakistan's energy sector. Following his resignation, Muhammad Masood, who previously served as the General Manager Finance and Chief Financial Officer, has been appointed as the acting CEO. This leadership change was officially communicated to the Pakistan Stock Exchange (PSX), with the notice stating, "Shahab Qader Khan, Chief Executive Officer, has resigned with effect from February 26, 2026. Muhammad Masood has been appointed as the Acting Chief Executive Officer till further notice" (ProPakistani, 2026). Khan's tenure lasted just over a year, having taken the role on January 22, 2025, which raises questions about the stability and direction of KAPCO amidst ongoing challenges in Pakistan's power sector.