Mr Gold just became Barclays Americas CEO

 
Peter Spence
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Another episode of nominative determinism in finance.

Barclays is appointing its current global head of client capital management - Joe Gold - to a restructured role as CEO of the Americas.

As of 1 May, he'll be reporting to co-CEOs of the Corporate and Investment Bank, Tom King and Eric Bommensath.

He replaces Hugh "Skip" McGee III, the present CEO of Barclays Americas, who will step down from his role and the Barclays Group Executive Committee on 30 April.

McGee said the decision to leave was a "difficult" one in a Barclays announcement. He said that banking is a "team sport", and that he is "incredibly proud of the team we assembled here."

Gold has been in his current role since March 2010, where he's been charged with tasks relating to the management of credit risk and capital across Barclays' loan and derivatives portfolios.

We just hope he has a better run than Bob Diamond and Rich Ricci.