Business
RBC announces changes to executive leadership team and business segments
RBC announces changes to executive leadership team and business segments Canada NewsWir...
About this update from Royal Bank Of Canada
[{"type":"text","content":"\n \n \n \n RBC announces changes to executive leadership team and business segments\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n \n Doug Guzman\n \n to become Deputy Chair, RBC\n \n \n \n Neil McLaughlin\n \n to become Group Head, RBC Wealth Management\n \n \n \n Erica Nielsen\n \n to become Group Head, RBC Personal Banking\n \n \n \n Sean Amato-Gauci\n \n to become Group Head, RBC Commercial Banking\n \n \n \n Jennifer Publicover\n \n to become Group Head, RBC Insurance\n \n \n Personal & Commercial Banking to become two standalone business segments: Personal Banking and Commercial Banking\n \n \n \n \n \n TORONTO\n \n \n ,\n \n \n July 11, 2024\n \n \n /CNW/ - Royal Bank of\n \n Canada\n \n (TSX: RY) and (NYSE: RY) today announced a number of key executive appointments to accelerate its next phase of growth and further strengthen the organization's focus on clients, following the transformative acquisition of HSBC Bank Canada. These changes, effective\n \n September 1, 2024\n \n , better position RBC to take advantage of its scale, speed up decision making and elevate leaders to deliver on strategic growth priorities with clients at the centre.\n \n \n \n \n \n \n \n \n \n \"I'm personally energized by the opportunity to work with these extraordinary leaders in the coming years as they take on new roles and responsibilities on our Group Executive leadership team,\" said\n \n Dave McKay\n \n , President and Chief Executive Officer, RBC. \"The unique skills, experiences and perspectives they bring to the table will be invaluable as we embark on our next phase of growth and further deepen trusted client relationships across all our businesses.\"\n \n \n In addition to the executive appointments, given the significant growth in Personal & Commercial Banking (P&CB), RBC announced this business will become two standalone segments, effective for the fourth quarter of 2024. As RBC has over 15 million clients, including a growing base of commercial clients, the new structure is designed to better respond to ...