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  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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