Anshu Jain is a British-Indian business executive who is best known as the co-CEO and co-chairman of Deutsche Bank.
Known for his leadership in the financial sector, Jain played a key role in transforming Deutsche Bank into a global investment bank.
He later became president of Cantor Fitzgerald, a famous financial services company.
File
- Full name: Anshuman Jain
- Date of birth: January 7, 1963
- Age: 60 years old (as of 2023)
- male
- Place of birth: Jaipur, Rajasthan, India
- British nationality
- Occupation: Sales employee
- Height: 1.8 cm
- Parents: Ambu Jain and Shashi Jain
- Siblings: Not applicable
- Spouse: Geetika Jain
- Children: 2
- Relationship status: Married
- Net worth: 60 million USD
Early Life & Education
Anshu Jain, now 60 years old, was born on January 7, 1963 in Jaipur, India, to parents Ambu Jain and Shashi Jain.
Raised a Jain and from a family of civil servants, he grew up in a household that instilled discipline and the value of hard work.
Jain’s early years were spent in New Delhi, where he studied at Delhi Public School, Mathura Road.
Jain pursued his higher education at the prestigious Shri Ram College of Commerce of Delhi University, where he earned a Bachelor’s degree in Economics in 1983.
Eager to expand his horizons, he moved to the United States at age 19 to continue his studies.
In 1985, Jain earned an MBA in Finance from the Isenberg School of Management at the University of Massachusetts Amherst.
While there, he studied under Thomas Schneeweis, a respected expert on alternative investments such as futures, options and derivatives.
Personal life
Anshu Jain is married to Geetika Jain, a travel writer and children’s book author. The couple has two children, Aranya and Arjun Jain.
They reside in London, England and New York City, USA. Jain is known for his love for cricket, golf, wildlife photography and wildlife conservation.
Career
Jain’s career began on Wall Street after he completed his MBA. He started as a derivatives research analyst at Kidder, Peabody & Co.
In 1988, he joined Merrill Lynch and spent seven years founding and running the global hedge fund insurance group.
During this time, he became acquainted with Edson Mitchell, an influential investment banker who became Jain’s advisor.
In 1995, Jain followed Mitchell to Deutsche Bank, where they were tasked with establishing a world-class investment banking division in London.
Initially, Jain led a team marketing fixed income derivatives to large investors and hedge funds. Over the years, he held various leadership roles within Deutsche Bank, including head of global capital markets, sales and fixed income.
Jain’s tenure as co-CEO of Deutsche Bank began in June 2012 when he was appointed alongside Jürgen Fitschen.
While Fitschen handles the bank’s retail operations and German affairs, Jain oversees the investment banking and wealth management divisions.
He played a key role in expanding Deutsche Bank’s wealth management division and implementing cost-cutting measures to improve profits.
Death
Anshu Jain passed away on August 12, 2022, at the age of 59, in London, England. The cause of his death was duodenal cancer.
Net value
At the time of his death, Anshu Jain had an estimated net worth of $60 million, which he accumulated through a successful career in the banking industry.
Social Media
- Instagram handle name: Not applicable
- Twitter name: Not applicable
