Előd Takáts was appointed to be the rector of Corvinus University by János Áder, the president of Hungary on June 24, 2021.
Előd Takáts started his work on August 1, 2021. His program as rector focuses on further enhancing the teaching and research work of the university – as well as firmly committing to internationalizing both the student body and the professorial staff.
Előd Takáts is also a Corvinus alumnus. He graduated in 1999 with a major in finance and a minor in economic policy. After some work in banking, he earned a MA in economics at the Central European University. He studied at Princeton University, earning a PhD in financial economics in 2006. As a student, he had internships at leading central banks, including at the European Central Banks, the Federal Reserve Bank of New York and also at the Hungarian Central Bank (Magyar Nemzeti Bank).
Előd Takáts worked at several international policy organizations after graduating from Princeton University. After graduation, he worked at the International Monetary Fund in Washington DC. Moving from the US to Switzerland, he worked for twelve years at the Bank for International Settlements in Basel, where he organized meetings for leading central bankers and took part in Basel III development.
Előd Takáts has been active as a visiting fellow at the London School of Economics and Political Science since 2018. Returning to Corvinus University, he became honorary professor in 2019 and full professor in 2021.
Előd Takáts is interested in many areas relevant for monetary policy and financial stability. In this context, he worked of monetary policy transmission, international bank lending / with some works exploring the links to demography and climate change.