Zdeněk Tůma graduated from the University of Economics in Prague, completing his postgraduate studies at the Czechoslovak Academy of Sciences. At the beginning of the 1990s, he participated in the reintroduction of Economics education at Charles University where he was appointed an Associate Professor. He continues to lecture at Charles University, specialising in central banking and financial regulation.
He was Chief Economist at Patria Finance and in 1998, moved to the European Bank for Reconstruction and Development as a member of the Executive Board. In February 1999, Zdeněk was appointed Vice-Governor of the Czech National Bank and in December 2000, became Governor, serving in this position until 2010. He was a partner at KPMG Czech Republic from 2011-2019, focusing on consulting in the financial sector.
He is currently Chairman of the Supervisory Board of ČSOB. He is also a member of the scientific and statutory boards of several universities and a member of the Czech Economic Society, of which he was President from 1999-2001.