Updated
Updated · FX News Group · Aug 17
Barclays Names Mike Joo, Adeel Khan Co-CEOs of Investment Bank From February 2027
Updated
Updated · FX News Group · Aug 17

Barclays Names Mike Joo, Adeel Khan Co-CEOs of Investment Bank From February 2027

3 articles · Updated · FX News Group · Aug 17

Summary

  • February 2027 is the target start date for Mike Joo and Adeel Khan as co-CEOs of Barclays' investment bank, pending regulatory approval.
  • Joo will join in early 2027 from Bank of America, where he most recently served as co-head of global investment banking after joining the bank in 2006.
  • Khan already leads Global Markets and has been co-head of Barclays' investment bank since 2021; both executives will also sit on the Group Executive Committee.
  • Barclays said the appointments support the next stage of its strategy after the investment bank has grown revenues and returns since 2023, with CEO C.S. Venkatakrishnan emphasizing a more integrated client service model.

Insights

Why is Barclays waiting until 2027 to install new leadership when regulatory scrutiny and risk management failures demand immediate action?
With a history of costly fraud, can Barclays' new co-CEOs truly fix the bank's deep-rooted compliance issues by 2027?