31 Facts About Anshu Jain

Anshuman Jain was an Indian-born British business executive.

Anshu Jain previously served as the Global co-CEO and co-Chairman of Deutsche Bank from June 2012 until July 2015.

Anshu Jain was previously head of its Corporate and Investment Bank, globally responsible for Deutsche Bank's corporate finance, sales and trading, and transaction banking business.

Anshu Jain was born on 7 January 1963 in Jaipur, India, and his father was a career civil servant who served in the Indian Audit and Accounts Service.

Anshu Jain was raised in the Jain religion and was a vegetarian.

When he was six, Anshu Jain moved with his father to New Delhi, and attended Delhi Public School, Mathura Road.

Anshu Jain studied at Shri Ram College of Commerce at the University of Delhi and earned Bachelor of Arts in economics in 1983.

Anshu Jain then moved to the US at the age of 19, and in 1985 he received a Master of Business Administration in finance from the Isenberg School of Management at the University of Massachusetts Amherst, where he was a member of Beta Gamma Sigma.

Anshu Jain spent seven years there, setting up and running its global hedge fund coverage group, selling interest-rate swaps and other financial products to hedge funds.

Anshu Jain joined Deutsche Bank in June 1995 to head a combined group which marketed fixed-income derivatives to large investors and hedge funds.

When Mitchell died in a plane crash in December 2000, Anshu Jain succeeded him as head of Global Markets in early 2001.

In September 2004, he was appointed co-head of the Corporate and Investment Bank, together with Michael Cohrs; Anshu Jain's responsibility was for the equities trading division and integrating it with the fixed-income division he already headed.

Anshu Jain was noted as having helped build Deutsche Bank into a fixed-income powerhouse, more than doubling debt sales and trading revenue between 2000 and 2009, and for building Deutsche Bank into a global investment bank that rivalled Wall Street's giant firms.

Cohrs retired in 2010, and Anshu Jain became head of the entire Corporate and Investment Bank, overseeing global sales and trading operations that included bonds, commodities, emerging markets, equities, foreign exchange, money markets, credit derivatives, and interest-rate trading.

Anshu Jain had already been appointed to Deutsche Bank's 12-member Group Executive Committee, newly created by Ackermann, in 2002, and to its Management Board in 2009.

In July 2011, Anshu Jain was appointed co-CEO of Deutsche Bank, along with native German Jurgen Fitschen, effective 1 June 2012.

Anshu Jain led the investment bank plus asset and wealth management, and was the face of Deutsche Bank internationally.

Anshu Jain combined the bank's asset management and wealth management divisions into a single unit, and expanded it to be a global competitor closer in size to Deutsche Bank's other major units.

Anshu Jain put Michele Faissola in charge of the unit, and to assist expansion had it do cross-business with Deutsche Bank's investment banking division.

Anshu Jain lowered the bank's risk by unloading opaque, hard-to-trade assets.

Anshu Jain was hired at Cantor Fitzgerald to help expand fixed-income and equities trading as well as prime brokerage, and he worked alongside Lutnick and directed strategy, vision, and operational foundation across the firm's businesses.

Anshu Jain was on the advisory board of InCred, a non-banking financial company in India.

Anshu Jain was on the finance group advisory board of the MIT Sloan School of Management.

Anshu Jain was on the board of trustees of Chance to Shine, a British charitable foundation.

Anshu Jain was a member of the advisory board of the Wildlife Conservation Trust, based in India.

Anshu Jain was previously on the board of directors of the Institute of International Finance, was a member of the Financial Services Forum, and served on the international advisory panel of the Monetary Authority of Singapore.

In 2003 Anshu Jain received Euromoney magazine's Capital Markets Achievement Award.

Anshu Jain was married to Geetika, a travel writer and children's book author.

Anshu Jain's interests included cricket, golf, wildlife photography, and wildlife conservation.

Anshuman has a biological brother Ashwin Jain and has a cousin Ajit Jain, who since 2018 has been vice chairman of insurance operations for Berkshire Hathaway.

Anshu Jain died from duodenal cancer in London on 12 August 2022, at the age of 59.