K-Electric Holds Election of Board of Directors (BoD)
K-Electric Limited organized the Extra-Ordinary General Meeting (EOGM) on Friday, 29 July, at a local hotel. The purpose of the Meeting, which was attended by Shareholders in person and via a video link, was to elect the Directors in place of the retiring Directors. The following persons have been elected/appointed as Directors of K-Electric Limited for a term of three years commencing from 29 July 2022:
- Adeeb Ahmad
- Arshad Majeed Mohmand
- Boudewijn Clemens Wentink
- Ch. Khaqan Saadullah Khan
- Dr. Imran Ullah Khan
- Mark Gerard Skelton
- Mubasher H. Sheikh
- Muhammad Kamran Kamal
- Muhammad Zubair Motiwala
- Saad Amanullah Khan
- Sadia Khuram
- Shan A. Ashary
- Syed Moonis Abdullah Alvi
K-Electric (KE) is a public listed company incorporated in Pakistan in 1913 as KESC. Privatized in 2005 KE is the only vertically integrated utility in Pakistan supplying electricity within a 6500 km square territory including Karachi and its adjoining areas. The majority shares (66.4%) of the company are listed in the PSX owned by KES Power, a consortium of investors including Aljomaih Power Limited of Saudi Arabia, National Industries Group (Holding), Kuwait, and the Infrastructure and Growth Capital Fund (IGCF). The Government of Pakistan is also a minority shareholder (24.36%) in the company.