Barclays announces that it will appoint Mike Joo and Adeel Khan as Co-CEOs of its Investment Bank with effect from February 2027, subject to regulatory approval.

Mike Joo will join in early 2027 from Bank of America, where he served most recently as Co-Head of Global Investment Banking. He joined Bank of America in 2006 and has held a range of senior leadership roles across Global Corporate and Investment Banking and Global Markets.

Adeel Khan leads Global Markets and has served as Co-Head of the Investment Bank since 2021.

Both Khan and Joo will sit on the Group Executive Committee.

C.S. Venkatakrishnan, Barclays Group Chief Executive, said: “Since 2023, our Investment Bank has delivered a strong performance, growing revenues and returns and driving a more integrated service for clients. As we enter the next stage of our strategy and reflecting the ambition we have for our Investment Bank, Adeel and Mike will form a strong partnership to deliver an even stronger, more integrated service to our clients.”

Source: Barclays