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Cantor CEO, former co-CEO of Deutsche Bank, Anshu Jain, dies




Anshu Jain, Cantor Fitzgerald president and former co-CEO of Deutsche Bank, has died. He was 59.

The news was reported by his family in a statement on Saturday.

Jain died after a battle with duodenal cancer, which he was diagnosed with in 2017.

Jain was co-CEO of Deutsche Bank from 2012 to 2015.

Cantor CEO, former co-CEO of Deutsche Bank, Anshu Jain, dies

FILE – Deutsche Bank Co-CEO Anshu Jain speaks during the annual shareholder meeting in Frankfurt, Germany, May 22, 2014. Jain, a former co-CEO of Deutsche Bank, has died, according to a statement from his family on Saturday, 13 August 2022. He was ((AP Photo/Michael Probst, File) / AP Newsroom)

It was at Deutsche Bank where he helped build the firm’s global capital markets business.

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Jain was co-CEO with J├╝rgen Fitschen and was the first ever non-European to lead the German bank.

Logo on the Deutsche Bank building

A logo is depicted on the Deutsche Bank building in Geneva, Switzerland. (REUTERS/Denis Balibouse/File Photo/Reuters Photos)

“Anshu Jain played a key role in expanding Deutsche Bank’s position in our global business with corporate and institutional investors,” said Alexander Wynaendts, Chairman of Deutsche Bank. “Today, this is of strategic importance not only for Deutsche Bank, but for Europe as a financial center.”

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Jain served as president of New York-based financial services firm Cantor Fitzgerald from 2017 until his death.

Photo by Anshu Jain with Cantor executives

NEW YORK, NEW YORK – Annual Charity Day Hosted by Cantor Fitzgerald: Anshu Jain, Edie Lutnick, Howard Lutnick and Jim Buccola on September 11, 2019 in New York City. ((Photo by Dia Dipasupil/Getty Images for Cantor Fitzgerald) / Getty Images)

Cantor Fitzgerald CEO Howard Lutnick said Jain “was the consummate professional who brought a wealth of experience and wisdom to his role as president.”

He began his career at Kidder, Peabody & Co., then moved to Merrill Lynch, where he created and then ran the firm’s global hedge fund coverage group.

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He is survived by his wife Geetika, his mother and two children.

The Associated Press contributed to this report.



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