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.
Jim Brown | |
---|---|
Nationality | New Zealand |
Occupation | Banker |
Title | CEO of Sainsbury's Bank |
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]