1982 - Mads Øvlisen joins the Board of the Novo Foundation
Mads Øvlisen (photo right), son-in-law to Knud Hallas-Møller (photo left), joins the Board of the Novo Foundation. The year before, he had become Managing Director of Novo Industri A/S. For most of the following 20 years, Mads Øvlisen is the key person in developing the Foundation into a modern foundation with corporate interests. This includes the merger in 1989, the creation of the Novo Nordisk Foundation and expanding the Foundation’s grants, especially for humanitarian causes. He is the administrative manager of the Foundation until 1992.