KEL appoints Syed Muhammad Taha as CEO

April 17, 2026 (MLN):  K-Electric (PSX:KEL) has appointment Syed Muhammad Taha as its new Chief Executive Officer (CEO), effective April 15, 2026, marking a significant leadership transition at a critical time for Pakistan’s power sector.

A seasoned energy professional with more than three decades of experience, Mr Taha returns to K-Electric with a strong reputation for delivering operational excellence and leading financial turnarounds.

His appointment comes as the utility navigates industry-wide transformation and increasing demand for reliable, future-ready energy solutions, according to a press release issued.

Speaking on his appointment, Syed Muhammad Taha emphasized the company’s central role in the country’s economic landscape, stating that leading K-Electric during this transformative phase presents both responsibility and opportunity.

He emphasized a commitment to innovation, improved service reliability, and the adoption of advanced technologies to support Karachi’s continued growth.

Prior to rejoining K-Electric, Mr. Taha served as Managing Director and CEO of Pakistan State Oil (PSO) from February 2020, where he led a remarkable financial recovery.

Under his leadership, PSO moved from a loss in FY2020 to achieving net sales of Rs 3.3 trillion and a consolidated earnings per share of Rs 35.03 by FY2025.

He also spearheaded efforts to modernize the company’s retail operations and expand into clean energy and electric vehicle charging.

This marks a strategic return for Mr. Taha, who previously served as K-Electric’s Chief Distribution Officer, overseeing revenues of approximately $1.9 billion.

His international experience includes a leadership role at Oasis Energy, where he contributed to infrastructure modernization for Nigeria’s Port Harcourt Electricity Distribution Company.

Mr. Taha’s earlier career includes key positions at Shell, Caltex (Chevron), and Pakistan Steel Mills. He is a professional engineer and holds an MBA in Finance from the Institute of Business Administration (IBA), Karachi.

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