Barclays Appoints Mike Joo and Adeel Khan as Co-CEOs in 2027

Barclays has appointed Mike Joo and Adeel Khan as joint chief executives of its investment banking division starting February 2027, pending regulatory clearance. Joo will transition from Bank of America, where he was co-head of global investment banking, while Khan is currently overseeing Barclays' global markets business. Both Joo and Khan will serve on the group executive committee, with Khan having been co-head since 2021. This leadership change may impact Barclays' ability to enhance client services and strengthen its investment banking operations.