July 11 (Reuters) - Royal Bank of Canada ( RY ) on

Thursday named insider Doug Guzman as the deputy chair of the

bank, among other executive changes.

The Canadian lender also said its personal and commercial

banking arm would be two standalone business segments, effective

from the fourth quarter of 2024.

The announcements come after HSBC Holdings ( HSBC )

completed the C$13.5 billion sale of its Canadian unit, HSBC

Bank Canada, to RBC in March.