Economist. Angyal was born in France, his family moved to Hungary after WWII. Between 1966 and 1989 he worked for Ganz Danubius Dockyard, where he was executive director since 1982. He was university professor at Budapest University of Economics (later Corvinus University) since 1991. In 1989 he was party secretary of the Hungarian Socialist Workers' Party in the 1th district of Budapest, and became member of the Central Financial Controlling Board of the party.