Shaheryar Chishti named chairman of K-Electric Board
MG News | April 15, 2026 at 05:48 PM GMT+05:00
April 15, 2026 (MLN): K-Electric (PSX:KEL) has appointed Mr. Shaheryar Chishti as Chairman of its Board following the election of directors held at the Extraordinary General Meeting (EGM).
The aforementioned information was disseminated through a notification to Exchange.
Mr. Chishti’s appointment emphasizes K-Electric’s
continued emphasis on strengthening corporate governance and enhancing
leadership at the board level.
Mr. Shaheryar Chishti grew up in Pakistan in a military
family before relocating to Hong Kong in 1997, where he began his career as an
investment banker.
He later founded AsiaPak Investments in 2011, which has
grown into one of Pakistan’s leading infrastructure investment platforms.
Through AsiaPak Investments, he has been associated with
major infrastructure initiatives including Daewoo Pakistan, a leading transport
operator driving modern urban mobility and cleaner fuel-based intercity
transport solutions; Thar Coal Block 1, a major CPEC-linked energy project
involving coal mining and a 1,320 MW mine-mouth power plant with future
expansion potential; and Waste Management Limited, focused on urban waste
collection and future waste-to-energy development.
Prior to establishing AsiaPak, Mr. Shaheryar Chishti spent nearly two decades in investment banking in Hong Kong, holding senior leadership positions at Citigroup and Nomura. At Citigroup, he served as Head of Asia Industrials and Head of North Asia Mergers & Acquisitions.
Over his career, he advised on transactions exceeding
US$60 billion and helped raise more than US$18 billion in capital across debt
and equity markets.
He has also served in several advisory and public sector
roles, including membership of Pakistan’s CPEC Business Council and advisory
positions within government institutions.
His past board-level engagements include non-executive,
pro-bono chairmanship of Lahore Electric Supply Company, as well as board
memberships in several state-owned power distribution companies, including
Faisalabad, Islamabad, Gujranwala, and Multan electric utilities.
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