Jim Brown (banker) explained

Jim Brown
Occupation:Banker
Nationality:New Zealand

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.

Career

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

From 2011 to 2015, Brown was chief executive of Ulster Bank.[2] 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.[3] Brown said his time as CEO was "hugely challenging".[4] He was followed by Paul Stanley as acting chief executive.[5]

Brown was president of the Institute of Banking in Ireland.[6]

Notes and References

  1. Web site: Sainsbury's appoints Jim Brown as CEO of Sainsbury's Bank . Sainsbury's . 11 June 2019 . 29 January 2022.
  2. News: Porritt . Luisa . Ulster Bank finds new CEO . 30 January 2022 . International Investment . 31 March 2011.
  3. News: Webb . Nick . Ulster Bank's Jim Brown is highest-paid banker in Ireland after 66pc wage rise . 29 January 2022 . Independent.ie . 25 April 2015.
  4. News: Mulgrew . John . Ulster Bank CEO quits his 'hugely challenging' role . 30 January 2022 . Belfast Telegraph . 28 April 2015.
  5. News: McCabe . Sarah . Ulster Bank shuffles management before new CEO named . 30 January 2022 . Independent.ie . 10 October 2015.
  6. Web site: Williams & Glyn and Ulster Bank management changes . Royal Bank of Scotland . 30 January 2022.
  7. https://www.retail-week.com/be-inspired/jim-brown/7036050.article?authent=1
  8. Web site: Sainsbury’s announces Operating Board changes . 2024-06-20 . www.about.sainsburys.co.uk . en.
  9. Web site: Jim Brown | Be Inspired |url=https://www.retail-week.com/be-inspired/jim-brown/7036050.article?authent=1 |work=Retail Week |access-date=29 January 2022}}

    From 2015 to 2017, Brown was chief executive of Williams & Glyn, a division of the Royal Bank of Scotland. He replaced John Maltby in the role, who stood down.[6]

    On 11 June 2019, Sainsbury's announced Brown had been appointed chief executive of Sainsbury's Bank. In June 2019, he also became a member of the operating board of the Sainsbury's group.[7]

    In March 2024, Brown left his role at Sainsbury's due to retirement.[8]

    References

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