K-Electric (KE) announced on Wednesday that Shaheryar Chishty was elected as the chairman of the board. The company shared the development in a notice to the Pakistan Stock Exchange (PSX) today. “We are pleased to notify you that following the election of directors during the Extraordinary General Meeting held on April 2, 2026, the Board of Directors, in its meeting held on April 15, 2026, has appointed Shaheryar Chishty as the Chairman of the Board, ” read the notice. Last month, the company appointed Shaheryar Chishty to perform the functions of the chairman during the absence of Mark Skelton. “We would like to further apprise that the Board of Directors of KEL, in its meeting held on 17 March 2026, has appointed Shaheryar Chishty to perform the functions of the chairman during the absence of Mark Skelton, ” KE said in its notice to the PSX back then. As per information available on KE’s website, Chishty set up AsiaPak Investments in 2011, which has become one of the leading infrastructure investors in Pakistan. Before starting Asiapak, Shaheryar had a long career as an investment banker in Hong Kong at Citigroup and Nomura. At Citigroup until 2009, Shaheryar served in various senior roles, including as Head of Asia Industrials and Head of North Asia Mergers & Acquisitions. From 2009 to 2012, he worked at Nomura International in Hong Kong first as Asia Head of Industrials Investment Banking, then also as Global Head of Industrials Investment Banking. During his 18-year investment banking career, Shaheryar raised over $18 billion in debt and equity capital for clients and transactions, and advised on completed mergers and acquisitions valued at over $60 billion.
KE elects Shaheryar Chishty as chairman
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