CEO of Novo Holdings: "We have executed the strategy we laid out when I joined"

Following a massive tailwind for Novo Nordisk and solid returns from the stock market, Novo Holdings can now boast of having over EUR 90bn in assets. Still, 2022 will be more difficult, says CEO Kasim Kutay.

Photo: Novo Holdings / PR

When Kasim Kutay took over as CEO of Novo Holdings in 2016, the company’s total assets were value under EUR 40bn. Now, five and a half years later, Novo Holding’s assets have reached a value of over EU90bn.

As CEO, Kutay’s results have benefitted greatly from pharmaceutical firm Novo Nordisk’s success, but Novo Holding has more than just a significantly larger investment portfolio today, as departments from US to China have now been established, with more on the way.

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