Moonis Alvi, the Chief Executive Officer of K-Electric, has resigned amid allegations of workplace harassment, as reported by multiple sources including Business Recorder, ProPakistani, and Dawn. Alvi's resignation was formally communicated to the Pakistan Stock Exchange on February 6, 2026, in compliance with regulatory requirements under the Securities Act, 2015. The controversy surrounding Alvi began when a former senior employee accused him of creating a hostile work environment, leading to a provincial ombudsman ordering his removal and a compensation payment of Rs2.5 million to the complainant. Despite these allegations, Alvi denied the charges and expressed his intent to challenge the ombudsman's decision legally, as noted by Dawn.
BUSINESS
Moonis Alvi Resigns as K-Electric CEO Amid Controversy

K-Electric CEO Moonis Alvi resigns amid harassment claims, denies charges, plans legal challenge. Board seeks new CEO. Case highlights corporate governance issues in Pakistan's energy sector.
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BR
Business Recorder
Updated 6h agoTE
TechJuice
Updated 10h agoPR
ProPakistani
Updated 17h agoDA
Dawn
Updated 18h agoDT
Daily Times
Updated 18h agoGB