Former Sabancı executive Mehmet Nane becomes Pegasus CEO

ISTANBUL

Turkey’s low-cost carrier Pegasus said Mehmet Tevfik Nane, a former Sabancı executive, has been appointed as general manager (CEO) of the company as of March 18 in a written statement to the Public Disclosure Platform on Feb. 18. 

Current CEO Sertaç Haybat will continue to serve as a member of the Board of Directors, according to the statement. 

“As the Pegasus family, we extend our gratitude to Mr. Sertaç Haybat for his valuable contributions to Pegasus as our General Manager for the past 11 years,” said the statement.
 
Pegasus carried a total of 22.34 million passengers in 2015, a 13.2 percent increase from the previous year, and reached 103 destinations across 40 countries last year.

Nane served as general manager and head of executive committee at Carrefoursa between June 2013 and February 2016. During his term, Carrefoursa posted performed a number of key acquisitions.  Prior to that, he served as vice-chairman of the board of directors at Teknosa starting from the company’s incorporation in 2000 until 2005, thereafter assuming the duty of general manager and head of executive committee. 

Between 1997 and 2005, Nane assumed various duties at the Sabancı Group, including vice-president responsible for planning, business development and projects, retail group director and corporate secretary of H.Ö. Sabancı Holding A.Ş. 

Prior to 1997, he held several positions in the banking sector. 

He has a master’s degree on international banking and finance from Heriot Watt University of Scotland and he attended the Harvard Business School Advanced Management Program (AMP) in 2013.