Jim Brown
NationalityNew Zealand
OccupationBanker
TitleCEO of Sainsbury's Bank

Jim Brown is a New Zealand banker who has been chief executive officer (CEO) of Sainsbury's Bank since 2019. He was formerly CEO of Ulster Bank from 2011 to 2015 and Williams & Glyn from 2015 to 2017.

Biography

Brown hails from New Zealand.[1]

Brown worked for Citibank in Asia, Australia and New Zealand.[2]

From 2005 to 2011,[3] Brown was based in Hong Kong[2] as CEO of Retail and Commercial Markets, Asia for RBS Asia.[3]

From 2011 to 2015, Brown was CEO of Ulster Bank,[3] succeeding Cormac McCarthy, who stood down.[4] 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.[5] Brown said his time as CEO was "hugely challenging".[6] He was followed by Paul Stanley as acting CEO.[7]

Brown was president of the Institute of Banking in Ireland.[2]

From 2015 to 2017, Brown was CEO of Williams & Glyn, a division of the Royal Bank of Scotland.[3] He replaced John Maltby in the role, who stood down.[8]

On 11 June 2019, Sainsbury's announced Brown had been appointed CEO of Sainsbury's Bank. He became CEO designate on 19 June and worked alongside outgoing CEO Peter Griffiths for a short period of handover.[3] In June 2019 he also became a member of the operating board of the Sainsbury's group.[9]

References

  1. ↑ Brennan, Joe (13 June 2019). "Former Ulster Bank chief to lead Sainsbury's bank". The Irish Times. Retrieved 29 January 2022.
  2. 1 2 3 "Jim Brown | Be Inspired". Retail Week. Retrieved 29 January 2022.
  3. 1 2 3 4 5 "Sainsbury's appoints Jim Brown as CEO of Sainsbury's Bank". Sainsbury's. 11 June 2019. Retrieved 29 January 2022.
  4. ↑ Porritt, Luisa (31 March 2011). "Ulster Bank finds new CEO". International Investment. Retrieved 30 January 2022.
  5. ↑ 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.
  6. ↑ Mulgrew, John (28 April 2015). "Ulster Bank CEO quits his 'hugely challenging' role". Belfast Telegraph. Retrieved 30 January 2022.
  7. ↑ McCabe, Sarah (10 October 2015). "Ulster Bank shuffles management before new CEO named". Independent.ie. Retrieved 30 January 2022.
  8. ↑ "Williams & Glyn and Ulster Bank management changes". Royal Bank of Scotland. Retrieved 30 January 2022.
  9. ↑ https://www.retail-week.com/be-inspired/jim-brown/7036050.article?authent=1
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