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.
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]
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]