Syed Asad Ali Shah Jilani has been appointed as Director K-Electric with effect from January 27, 2020. The power utility has informed Pakistan Stock Exchange (PSX) here on Tuesday. The appointment was made in place of casual vacancy occurred due to the resignation of Ikram UI-Majeed Sehgal on November 6, 2019. Sehgal had resigned as Director and Chairman from the K-Electric Board, citing personal reasons. The power company board had accepted his resignation.
As per KE, Syed Asad Ali Shah Jilani is a Chartered Accountant, with over 35 years of experience in governance, audit & assurance, consulting, financial advisory and tax services.
Currently engaged in his own professional practice in the name of Asad Ali Shah Associates, Chartered Accountants, he was previously the Managing Partner of Deloitte Pakistan, a member of Deloitte Touche Tohmatsu LLC, one of the top four global professional services firms in the world.
In addition he serves as a member on the Policy Board of the Securities and Exchange Commission of Pakistan. He also chairs the board of Pakistan Refinery Limited. He also remained Advisor to Chief Minister Sindh on Finance, with status of Minister, President of the Institute of Chartered Accountants of Pakistan and member of International Federation of Accountants, the global body representing accounting profession on worldwide basis.