K-Electric Management

Management criteria checks 1/4

We currently do not have sufficient information about the CEO.

Key information

Syed Moonis Alvi

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	6.3yrs
CEO ownership	n/a
Management average tenure	4.6yrs
Board average tenure	2.2yrs

Recent management updates

Recent updates

CEO

Syed Moonis Alvi

6.3yrs

Tenure

Mr. Syed Moonis Abdullah Alvi has been the Chief Executive Officer at K-Electric Limited (formerly, Karachi Electricity Supply Corporation) since June 07, 2018 and was the Chief Financial Officer until Nov...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Syed Moonis Alvi	CEO & Executive Director	6.3yrs	no data	no data
Muhammad Ghaziani	Chief Financial Officer	5.9yrs	no data	no data
Muhammad Dalia	Chief People Officer	6.5yrs	no data	no data
Sadia Dada	Chief Distribution & Marcomms Officer	less than a year	no data	no data
Wahid Asghar	Chief of Security	15.7yrs	no data	no data
Abbas Husain	Chief Generation & Transmission Officer	no data	no data	no data
Imran Qureshi	Chief Regulatory Affairs Officer	2.9yrs	no data	no data
Shahab Qader Khan	Chief Strategy Officer	1.3yrs	no data	no data
Rizwan Pesnani	Chief Risk Officer & Company Secretary	3.3yrs	no data	no data

4.6yrs

Average Tenure

Experienced Management: KEL's management team is considered experienced (4.6 years average tenure).

Board Members

Name	Position	Tenure	Compensation	Ownership
Syed Moonis Alvi	CEO & Executive Director	6.3yrs	no data	no data
Adeeb Ahmad	Non-Executive Director	5.2yrs	no data	no data
Mubasher Sheikh	Non-Executive Director	18.8yrs	no data	no data
Shan Ashary	Non-Executive Director	18.8yrs	no data	no data
Saad Khan	Independent Director	2.2yrs	no data	0% PKR 0
Muhammad Motiwala	Nominee Director	2.2yrs	no data	no data
Imdad Bosal	Representative Director	less than a year	no data	no data
Mark Skelton	Chairman	2.7yrs	no data	no data
Muhammad Kamal	Non-Executive Director	2.2yrs	no data	no data
Arshad Mohamand	Non-Executive Director	2.2yrs	no data	no data
Muhammad Fakhre Irfan	Director	less than a year	no data	no data

2.2yrs

Average Tenure

Experienced Board: KEL's board of directors are not considered experienced ( 2.2 years average tenure), which suggests a new board.

K-Electric Management

Management criteria checks 1/4

Key information

Recent management updates

Less than half of directors are independent

Less than half of directors are independent

K-Electric Limited Announces Resignation of Ms. Sadia Khurram as Non-Executive Director

K-Electric Limited Appoints Mr. Mark Gerard Skelton as Chairman of the Company with Effect from August 11, 2022 in Place of Mr. Shan A. Ashary

K-Electric Limited Announces Board Changes

K-Electric Limited Announces Directorate Changes

Recent updates

New major risk - Financial data availability

New minor risk - Financial data availability

New major risk - Share price stability

Less than half of directors are independent

New minor risk - Share price stability

Second quarter 2023 earnings released: PK₨0.39 loss per share (vs PK₨0.015 profit in 2Q 2022)

Shanghai Electric Power Co., Ltd. agreed to acquire a 66.40% stake in K-Electric Limited (KASE:KEL) from KES POWER LTD.

Less than half of directors are independent

K-Electric Limited Announces Resignation of Ms. Sadia Khurram as Non-Executive Director

Investor sentiment improved over the past week

K-Electric Limited Appoints Mr. Mark Gerard Skelton as Chairman of the Company with Effect from August 11, 2022 in Place of Mr. Shan A. Ashary

Investor sentiment improved over the past week

K-Electric Limited Announces Board Changes

Shanghai Electric Power Company Limited cancelled the acquisition of 66.4% stake in K-Electric Limited (KASE:KEL).

First quarter 2022 earnings released: EPS PK₨0.11 (vs PK₨0.04 in 1Q 2021)

Investor sentiment improved over the past week

Full year 2021 earnings released

Non-Executive Director Muhammad Abid Lakhani has left the company

Director Mustafa Farooki has left the company

Third quarter 2021 earnings released: EPS PK₨0.09 (vs PK₨0.03 in 3Q 2020)

Second quarter 2021 earnings released: EPS PK₨0.21 (vs PK₨4.60 in 2Q 2020)

New 90-day high: PK₨4.52

New 90-day high: PK₨4.50

K-Electric Limited Announces Directorate Changes

First quarter 2021 earnings released: EPS PK₨0.04

New 90-day low: PK₨3.69

Full year earnings released

Shanghai Electric Power Company Limited has made a fresh Public Announcement of Intention to acquire 66.4% stake in K-Electric Limited (KASE:KEL).

Shanghai Electric Power Company Limited (SHSE:600021) cancelled the acquisition of 66.4% stake in K-Electric Limited (KASE:KEL) from KES Power Limited.

CEO

Tenure

Leadership Team

Average Tenure

Board Members

Average Tenure