Married, father of four children.

Balázs Hankó graduated from the Faculty of Pharmacy of Semmelweis University of Medicine, where he obtained his PhD degree summa cum laude in 2005. Over the years, he has obtained specialist qualifications in pharmaceutical organisation, administration, pharmaceutical supply, hospital-clinical pharmacy and pharmacy nursing.

He started as a pharmacist in residence at the Institute of Pharmaceutical Organisation at Semmelweis University of Medical Sciences, later becoming Head of Department and Chief Pharmacist, and then Deputy Rector for Strategy and Development. In addition to management and organisational development, he has two decades of teaching experience, in was awarded the title of university professor in 2023.

From 2010 to 2014, he was a pharmaceutical advisor to the Ministry of National Resources, then to the State Secretariat for Health of the Ministry of Human Capacities. From 2011 to 2016, he was the advisor to the Director General of Pharmacy at the Institute for Pharmacy, Health Quality and Organisational Development, later the State Health Care Centre. Between 2017 and 2020, Ministerial Commissioner for the Development of Higher Education

Institutions for Medical and Health Sciences at the Ministry of Human Capacities, then at the Ministry of Innovation and Technology. From 2020 to 2022, he was the Deputy State Secretary for Higher Education at the Ministry of Innovation and Technology, then Deputy State Secretary for Higher Education at the Ministry of Culture and Innovation, and from December 2022, State Secretary for Higher Education, Innovation, Vocational Education and Training and Adult Learning.

From 1 July 2024, he is the Minister of Culture and Innovation.