Jim Brown is a New Zealand banker and the former chief executive of Sainsbury's Bank. He is the former chief executive of Ulster Bank from 2011 to 2015 and Williams & Glyn from 2015 to 2017.

Jim Brown
NationalityNew Zealand
OccupationBanker

Career

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Brown worked for Citibank in Asia, Australia and New Zealand.[1] From 2005 to 2011,[2] Brown was based in Hong Kong as chief executive of Retail and Commercial Markets, Asia for RBS Asia.[1][2]

From 2011 to 2015, Brown was chief executive of Ulster Bank.[2][3] In April 2015 it was reported that Brown was the highest paid banker in Ireland, with his overall pay package at €1.63 million (£1.16M), up 66% from €979,000 a year earlier.[4] Brown said his time as CEO was "hugely challenging".[5] He was followed by Paul Stanley as acting chief executive.[6]

Brown was president of the Institute of Banking in Ireland.[1]

From 2015 to 2017, Brown was chief executive of Williams & Glyn, a division of the Royal Bank of Scotland.[2] He replaced John Maltby in the role, who stood down.[7]

On 11 June 2019, Sainsbury's announced Brown had been appointed chief executive of Sainsbury's Bank.[2] In June 2019, he also became a member of the operating board of the Sainsbury's group.[8]

In March 2024, Brown left his role at Sainsbury's due to retirement.[9]

References

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  1. ^ a b c "Jim Brown | Be Inspired". Retail Week. Retrieved 29 January 2022.
  2. ^ a b c d e "Sainsbury's appoints Jim Brown as CEO of Sainsbury's Bank". Sainsbury's. 11 June 2019. Retrieved 29 January 2022.
  3. ^ Porritt, Luisa (31 March 2011). "Ulster Bank finds new CEO". International Investment. Retrieved 30 January 2022.
  4. ^ Webb, Nick (25 April 2015). "Ulster Bank's Jim Brown is highest-paid banker in Ireland after 66pc wage rise". Independent.ie. Retrieved 29 January 2022.
  5. ^ Mulgrew, John (28 April 2015). "Ulster Bank CEO quits his 'hugely challenging' role". Belfast Telegraph. Retrieved 30 January 2022.
  6. ^ McCabe, Sarah (10 October 2015). "Ulster Bank shuffles management before new CEO named". Independent.ie. Retrieved 30 January 2022.
  7. ^ "Williams & Glyn and Ulster Bank management changes". Royal Bank of Scotland. Retrieved 30 January 2022.
  8. ^ https://www.retail-week.com/be-inspired/jim-brown/7036050.article?authent=1
  9. ^ "Sainsbury's announces Operating Board changes". www.about.sainsburys.co.uk. Retrieved 2024-06-20.
Business positions
Preceded by
Cormac McCarthy
CEO of Ulster Bank
2011–2015
Succeeded by
Paul Stanley
Acting
Preceded by
John Maltby
CEO of Williams & Glyn
2015–2017
Branch network disestablished
Preceded by
Peter Griffiths
CEO of Sainsbury's Bank
2019–present
Incumbent