K-Electric CEO Moonis Alvi has resigned, as announced in a Pakistan Stock Exchange disclosure dated February 6, 2026. Alvi, who joined KE in 2018 and served eight years, confirmed the move on X, pledging a smooth transition and praising the team’s resilience. This follows a 2025 harassment case where the provincial ombudsman ordered his removal and Rs2.5m compensation, though Sindh Governor Kamran Tessori overturned it on February 3 after Alvi’s appeal. Alvi denied charges and challenged via Sindh High Court, which stayed the order.
Harassment Case Timeline and Legal Battles
The controversy stemmed from a complaint by KE’s former chief marketing officer, leading to the ombudsman’s July 2025 ruling. Alvi argued no harassment occurred and the complaint was invalid, while the complainant defended the order’s legality. Governor Tessori, after review, set aside the decision. For full context, see Dawn’s detailed report. KE shares surged 7.58% on resignation day, per Business Recorder.
Public Reactions and Future Implications
Reader comments on Dawn highlight mixed views: some praise Alvi’s tenure, others see it as overdue. On X, discussions focus on KE’s future amid Karachi’s power issues. See News PMC’s announcement post and The Viral Pakistan’s update. Alvi’s exit raises questions on leadership stability at Pakistan’s sole private power utility.
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