Professor of economics. Completed MA studies at the Main School of Planning and Statistics in Warsaw (currently Warsaw School of Economics) and economics studies in the United States at the University of Illinois Urbana-Champaign. He also completed studies in banking, finance and capital markets at the University of Exeter in the United Kingdom. He studied International Economics at RUCA at the Free University of Berlin in Antwerp. Currently, Rector of the University of Warsaw in the 2020-2024 term of office, in 2016-2020 he was the Dean of the Department of Management of the University of Warsaw. In 2012-2016, Deputy Rector of the University of Warsaw responsible for research and cooperation. He has gained knowledge and experience working as the head of the International Business Relations Section in the Faculty of Management at the University of Warsaw, the head of the National Economy Unit, Director of the European Center at the University of Warsaw, the Deputy Dean in charge of foreign cooperation in the Faculty of Management at the University of Warsaw. Visiting professor at over ten international universities. He is a lecturer in France, UK, US, Russia, China and Korea. External Reviewer in registration and conferment procedures at University of Cambridge, Postgraduate School of Management, Grenoble, University of Zululand, RSA. He has served in the following capacities: advisor to the Prime Minister, advisor to the Minister of Agriculture, member of the NewConnect advisory committee working for the Management Board of the Warsaw Stock Exchange, member of the NBP Foundation Council and chairman of the NBP Scientific Council. Over the years he has served as a supervisory board member in the following companies among others: PTE WARTA S.A., PKO BP S.A., PZU S.A., Cyfrowy Polsat S.A., ZE PAK S.A., Bank Millennium S.A., Chairman and Deputy Chairman of the Supervisory Board of EUROLOT S.A. Professor Nowak has distinguished himself through his commitment to public activity. He is a committee member of the “Teraz Polska” Award and President of the Central Management Board of the Academic Sporting Association. Previously, he was a member of the National Development Council working for the President of Poland. He has received many awards and distinctions, including the Minister of National Education’s Award for his book entitled Integracja europejska. Szansa dla Polski? (“European Integration. An Opportunity for Poland?”) and his book entitled Banki a gospodarstwa domowe – dynamika rozwoju (“Banks and Households – the Dynamics of Development”) and the Rector’s Award for scientific achievements (conferred every year since 1997). He has also participated in many scientific organizations and program boards of periodicals, among others as a member of the editorial board of the Foundations of Management, as the editor-in-chief of the Journal of Interdisciplinary Economics, the Yearbook on Polish European Studies and Mazovia Regional Studies, member of the Program Board of Gazeta Bankowa and a reviewer at PWE S.A. in Warsaw. He publishes in Polish, English, German and Russian.
In December 2018, along with 22 outstanding economists from across the world, among which there are 4 Nobel Prize laureates, he became a member of the Scientific Board of the Institute of New Structural Economics at Beijing University.
JSW S.A. Supervisory Board Member in 2011-2022.