Ikram Sehgal has resigned as Director and Chairman from the K-Electric Board, citing personal reasons, with an immediate effect.

As per KE officials, the power company board has accepted his resignation, and the board would appoint its new chairman in the next meeting.

In a statement, KE said: "pursuant to the requirement of Companies Ordinance 1984 and KE Memorandum and Articles of Association, the KE Board of Directors (BoD) will appoint a new Chairman of the Board, at the next meeting of the board,"

Copyright Business Recorder, 2019