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Former Deutsche Bank co-CEO Anshu Jain dies - Bloomberg News

August 13, 2022 at 10:52 am EDT

(Reuters) - Anshu Jain, the former Deutsche Bank AG co-chief executive officer has died after suffering from cancer for five years, Bloomberg News reported on Saturday.

"We are deeply saddened that our beloved husband, son, and father, Anshu Jain, passed away overnight," his family said in a statement, according to the report.

Jain, 59, outlived his initial diagnosis, made in January 2017, by four years, his family added.

The Indian-born banker joined Deutsche Bank in 1995 to launch a division specialising in hedge funds and derivatives. He resigned from the German lender in 2015 as the co-CEO and has been the president of financial services firm Cantor Fitzgerald since 2017.

(Reporting by Maria Ponnezhath in Bengaluru, Editing by Franklin Paul)

Anshu Jain

Anshuman Jain is a businessperson who has been the head of 13 different companies and presently occupies the position of President for Cantor Fitzgerald LP, President of Cantor Fitzgerald & Co. (a subsidiary of Cantor Fitzgerald LP), President & Director at CF Finance Acquisition Corp. III, President of CF Acquisition Corp. IV, President & Director at CF Acquisition Corp. V, President & Director at CF Acquisition Corp. VI, President of CF Acquisition Corp. VII, President & Director at CF Acquisition Corp. VIII and Co-Chairman for Deutsche Bank AG (Fund Distributor). Mr. Jain is also on the board of Chance to Shine Foundation Ltd. In his past career he occupied the position of Co-CEO & Chairman-Management Board at Deutsche Bank AG Co-Chairman of Deutsche Bank AG (Broker) and Head of Corporate & Investment Banking at Deutsche Bank AG (Broker UK) (both are subsidiaries of Deutsche Bank AG), President & Director at CF Finance Acquisition Corp., President & Director at CF Finance Acquisition Corp. II and Member of The Financial Services Forum. He received an undergraduate degree from the University of Delhi and an MBA from the University of Massachusetts.

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