Sector News

Novo A/S appoints new CEO

June 28, 2016
Life sciences

Novo A/S has appointed Kasim Kutay as its new CEO. Kasim started his career at Morgan Stanley, where he spent 18 years advising mainly healthcare companies.

In 2009, he joined Moelis & Company, a leading global independent investment bank. Kasim Kutay is currently Co-head of Europe at Moelis & Company and also serves on the bank’s Management Committee.

Novo A/S is a private limited liability company wholly owned by the Novo Nordisk Foundation. Novo A/S is the holding company in the Novo Group and responsible for managing the Foundation’s assets. Besides being the major shareholder in the Novo Group companies, Novo A/S provides seed and venture capital to development-stage companies, takes significant ownership positions in well-established companies within the life sciences and manages a broad portfolio of financial assets.

Source: Pharma Times

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