Managing Director & Group CEO

Bander Almohanna

Bander Almohanna, Managing Director and CEO of flynas, has been named to Forbes Middle East’s 2025 list of the Most Powerful Travel & Tourism Leaders. Since 2015, he has led flynas with vision and resilience, transforming it into a leading low-cost carrier in the region while driving strategic growth across aviation and finance.

With more than two decades of experience in aviation, finance, and strategic restructuring, Almohanna has played a pivotal role in positioning flynas as a regional player connecting Saudi Arabia to over 75 destinations worldwide. His leadership has been central to NAS Holding’s financing, restructuring, and acquisition strategies worth more than USD 8 billion, including a landmark IPO valued at USD 1.1 billion—making flynas the first airline listed on the Saudi Exchange.

Career Journey

– Managing Director & CEO – flynas (2015 – Present) – Chief Financial Officer – NAS Holding (2006–2008) – Deputy CEO – NAS Holding (2008–2015) – Early Career – Saudi Arabian Monetary Authority (Banking Supervision Department) – Financial Analyst – Makshaff Investments

Board Memberships & Leadership Roles

– Chairman – Nera – Chairman – MEFIC Capital (Middle East Financial Investment Company) – Chairman – Jazil Investment Company – Board Member – Saudi Air Navigation Services (SANS) – Board Member – flynas Holding – Board Member – SABB Takaful – Board Member – NAS ExecuJet Services – Board Member – Nitaq Actuarial Services – Executive Committee Member – Arab Air Carriers Organization

Academic Credentials & Executive Education

– Master’s in Actuarial Science & Financial Mathematics – University of Michigan, Ann Arbor, USA – MBA – American University, Washington, D.C., USA – Bachelor’s in Accounting – King Saud University, Riyadh, Saudi Arabia – Advanced Management Program (AMP) – Harvard University – Member – CFA Institute (Chartered Financial Analyst designation)

Leadership Impact

Almohanna has transformed flynas from a limited domestic operator into a regional low-cost powerhouse, advancing Saudi Arabia’s aviation sector in line with Vision 2030. His ability to combine financial acumen with aviation strategy continues to set benchmarks for growth, resilience, and innovation in the industry.

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