TORONTO, Sept 5 (Reuters) - Canadian lender CIBC

named Jon Hountalas vice chair of North American banking on

Thursday as three other executives take over his current duties

as head of Canadian banking, effective Nov. 1.

Canada's fifth largest lender had named Chief Financial

Officer Hratch Panossian as head of its Canadian personal and

business banking unit in April.

Hountalas' responsibilities include personal and business

banking, commercial banking, and wealth management businesses in

Canada, which accounts for nearly two-thirds of the bank's

income.

"It's an evolution of our strategy. We want to make sure

that we continue to grow in our home market," CEO Victor Dodig

said in an interview.

"This just puts a finer point on putting the best talent

against that agenda."

Susan Rimmer will head the commercial banking and wealth

management business. She currently serves as the head of global

corporate and investment banking.

Capital Markets head Harry Culham will assume the additional

role of heading global asset management and enterprise strategy.

Panossian will take on expanded responsibility for Simplii

Financial, CIBC's digital banking division.

The three executives and Hountalas will report to Dodig.

Christian Exshaw was named deputy head, capital markets,

adding responsibility for corporate and investment banking to

his current mandate. He will report to Culham.