Former director of McKinsey appointed President of Corvinus University

Anthony Radev, a former director of financial company McKinsey and Co. will be appointed president of Budapest’s Corvinus University, Zsolt Hernádi, the chairman of Corvinus’s Maecenas Foundation who also heads Hungarian oil and gas company MOL, said on Thursday.

Radev worked as a director of the eastern European financial institutions’ working group at McKinsey for 22 years, the university said in a statement. He worked in projects in financial institutions, industrial companies and the services sector, the statement added. He has also worked in education and held lectures at several business schools and universities of economy.

The presidential board comprising the university’s rector, chancellor, and people invited on a permanent or ad-hoc basis will assist the president in his work, the statement said.

According to the new founding charter, the rector, chancellor, and the new president will head the university, with the latter in charge of the university’s operations.

The body’s senate will continue to govern the university and define its education and research priorities. The rector, András Lánczi, remains in charge of the senate, and his mandate has been extended for one year.

The chancellor, Lívia Pavlik, remains responsible for the university’s long-term finances.

Corvinus is developing a strategy to manage its renewal and to build up its relations internationally, the statement said. As well as improving the quality of services provided to students, it plans to develop its alumni organisation and corporate relationships. Accordingly, the president plans to run the university along the lines of the American model, it added.

Source: MTI