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Sainsbury's banking CEO appointment gets regulatory OK

J Sainsbury PLC said Sept. 10 that it has received regulatory approval to permanently appoint Jim Brown as CEO of Sainsbury's Bank PLC, effective immediately.

The British retailer previously named Brown as CEO designate to work with outgoing CEO Peter Griffiths for a short handover.

Brown was most recently CEO of the Royal Bank of Scotland Group PLC's Williams & Glyn unit from 2015 to 2017.