Kot Addu Power Company Limited (KAPCO) has appointed Muhammad Masood as the acting chief executive in place of Shahab Qader Khan. The listed IPP disclosed the development in its notice to the Pakistan Stock Exchange (PSX) on Friday. “Shahab Qader Khan, chief executive officer, has resigned with effect from February 26, 2026. Muhammad Masood has been appointed as the acting chief executive officer till further notice,” read the notice. Muhammad Masood serves as GM Finance and CFO of KAPCO. Meanwhile, Shahab Qader Khan was appointed CEO of KAPCO on January 22, 2025. Khan has been associated with the energy sector for more than 28 years. During this time, he has been extensively involved in multiple large-scale energy projects. He was associated with K-Electric as Chief Strategy Officer. Before this, he was with Engro Powergen Qadirpur Limited as chief executive. He has previously worked for Engro Energy Limited as Vice President Business Development, Siddiqsons Energy Limited as chief executive and as head of commercial for Sindh Engro Coal Mining Company.