Zdeněk Tůma - Governor

Born on 19 October 1960 in České Budějovice. Zdeněk Tůma graduated from the Faculty of Trade at the University of Economics, Prague, and worked there after completing his studies. In 1986 he joined the Institute for Forecasting of the Czechoslovak Academy of Sciences as a postgraduate researcher. In 1993-1995 he was an adviser to the Minister of Industry and Trade, and from 1995 he was Chief Economist at Patria Finance. From 1 June 1998 until joining the CNB at the beginning of 1999 he held the post of Executive Director of the European Bank for Reconstruction and Development, representing the Czech Republic, Slovakia, Hungary and Croatia on the Board of Directors.

He was appointed Vice-Governor of the Czech National Bank on 13 February 1999 and Governor of the Czech National Bank on 1 December 2000. In February 2005, he was reappointed by the President as Governor for another six-year term, i.e. until 12 February 2011.

In 1990-1998, he lectured on macroeconomics at the Faculty of Social Sciences at Charles University. From 1999 to 2001 he held the post of President of the Czech Economics Society.

Between 2003 and 2006, he was a member of the Scientific Council at Charles University. He was elected a member of the Scientific Council of the Czech Technical University in Prague for the period from 1 February 2006 to 31 January 2010. He is a member of the Board of Trustees of the University of Economics in Prague, a member of the Graduation Council at the Centre for Economic Research and Graduate Education (CERGE) at Charles University in Prague, a member of the Board of Governors of the English College in Prague, a member of the Board of Editors of Finance a úvěr (Czech Journal of Economics and Finance) and a member of the Board of Trustees of the Jan and Meda Mládek Foundation. He was appointed a member of the Supervisory Board of the Economics Institute, Academy of Sciences of the Czech Republic, for the period from 1 May 2007 to 30 April 2012.

In the early 1990s, he studied in the United Kingdom, the Netherlands and the USA. He regularly publishes and speaks on monetary policy and macroeconomics at home and abroad.