K-Electric appoints Shan Ashary as board chairman

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K-Electric has announced the appointment of Shan A Ashary as the new chairman of its board, effective from Sept 7th, said a statement issued by the power company on Tuesday. 

Ashary, who has been on the Board of Directors of the company since 2005 and represents the KES Power stake in KE, is the longest-serving member of the board. 

“As the new chairman, his focus will be on operational excellence at the company across its generation, transmission and distribution functions to ensure safe, reliable and uninterrupted power supply to the company’s customers,” the statement read.  “The BoD is confident that Ashary, with his proven track record of accomplishments, will bring a wealth of knowledge and valuable experience to the position.” 

The board also looks forward to working closely with the committee formed on the directives of the Supreme Court to facilitate K-Electric’s service provision and investment approvals through a one-window solution. 

According to the statement, Mr Riyadh S. A. A. Edrees had decided to step down as board chairman due to his other professional commitments and also his inability to be present in Karachi due to Covid-19 situation and hence not actively participate in KE’s board governance. 

The board expresses its appreciation to Mr Edrees for his leadership and contribution to the company’s performance.

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