KARACHI: K-Electric (KE) Chief Executive Officer Moonis Alvi has stepped down from his post, just days after Sindh Governor Kamran Tessori cleared him in a workplace harassment case.
The company announced the development in a notice sent to the Pakistan Stock Exchange (PSX) on Friday. Mr Alvi later confirmed his resignation on social media.
A KE official told Dawn that the company’s board of directors has accepted Mr Alvi’s resignation and a new chief executive will be appointed soon.
In a message shared on X, Mr Alvi said it was an honour to lead an organisation that plays a key role in Karachi’s daily life. He added that he would support a smooth transition.
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Last year in July, the provincial ombudsman for protection against harassment of women ordered Mr Alvi’s removal after finding him guilty of harassing a former chief marketing and communication officer of KE. The ombudsman had also directed him to pay Rs2.5 million as compensation.
Mr Alvi denied the allegations and challenged the decision in the Sindh High Court. He later filed an appeal before the Sindh governor, who acts as the appellate authority.
On February 3, Governor Kamran Tessori set aside the ombudsman’s order, giving Mr Alvi a clean chit.
Mr Alvi has been associated with K-Electric since 2008 and took charge as its chief executive officer in 2018.
