Anshu Jain was a business manager of British Indian. He died at the age of 59. Let’s see how Anshu Jain died, what happened and what was the cause of death.
How did Anshu Jain die?
Anshu Jain, the former co-chairman and chief operating officer of Deutsche Bank AG, died on Saturday after a five-year battle with duodenal cancer, according to a statement from his family. Anshu Jain was 59 years old. His family claimed that Anshu Jain was diagnosed with duodenal cancer in January 2017.
Anshu Jain’s family released a statement saying, “We are deeply heartbroken that our beloved husband, son and father, Anshu Jain, passed away overnight.”
Anshu Jain Cause of Death
According to his family statement, Anshu Jain died of cancer. Anshu Jain survived four years longer than expected after receiving his initial diagnosis in January 2017 “through a mixture of rigorous personal research, tactical skills, excellent caregivers and sheer willpower,” according to his family.
Medical subjects attempted to contact family and relatives to comment on the incident. So far no answers have been received. We will update the page once sufficient information is available. More information on Anshu Jain’s cause of death will be added soon.
Who is Anshu Jain?
Anshuman Jain, British Indian business executive. He oversaw Cantor Fitzgerald, an American financial services provider. Jain also served on the board of Deutsche Bank. Previously, he oversaw corporate finance, sales and trading, and transaction banking for Deutsche Bank as president of its Corporate and Investment Bank. Until January 2016, Jain remained a consultant for the bank.
Anshu Jain First Life
Jain’s father worked as a civil servant and was born in Jaipur, India. He was brought up in the Jain faith. He is related to Ajit Jain, who served as Berkshire Hathaway’s vice president of insurance operations since 2018. Jain came to New Delhi with his father when he was six years old. He attended Delhi Public School, Mathura Road.
Anshu Jain Education
At Delhi University’s Shri Ram College of Commerce, he majored in economics and graduated with a BA in 1983. At the age of 19, he immigrated to the United States, where he later earned an MBA in finance from the Isenberg School of Management . at the University of Massachusetts Amherst. Thomas Schneeweis, a specialist in alternative investments, including futures, options and derivatives, was his teacher there.
Anshu Jain Personal Life
Geetika, a travel writer and author of children’s books, and Jain got married. The couple had a home in New York as well as London. Two children were born to the couple. Cricket, golf, wildlife photography and wildlife conservation were among Jain’s pastimes.
Anshu Jain Career
Jain began his professional career on Wall Street after earning his MBA. From 1985 to 1988, he worked as an analyst in the derivatives research department of Kidder, Peabody & Co.
Edson Mitchell, Jain’s mentor, was hired by Deutsche Bank in 1995 after leaving Merrill Lynch and was given the responsibility of building a renowned investment banking division in London.
In mid-2000 he was appointed Head of Global Capital Markets, OTC Derivatives, Global Credit Derivatives and Emerging Markets Sales.
Fitschen oversaw Deutsche Bank’s retail banking and German businesses over the years as co-chairmen. He also managed the bank’s relations with the Berlin government and other German actors.
In terms of capitalizing the bank and reducing costs, Jain and Fitschen have made progress. Jain has come under fire for not restructuring Deutsche Bank enough or fast enough to get it out of the high-risk, closely watched and heavily regulated investment banking business during his time as co-CEO.
Jain joined the advisory board of SoFi (Social Finance, Inc.), a fintech business headquartered in San Francisco, in 2016.
He was named chairman of Cantor Fitzgerald in January 2017, a New York-based mid-sized private company led by Howard Lutnick that provides investment banking and other financial services.
Anshu Jain Awards
Jain received the Capital Markets Achievement Award from Euromoney magazine in 2003. He received a commendation from the American India Foundation in 2006 for leadership and generosity. He won Lifetime Achievement Award from Risk magazine and NASSCOM Business Leader Award in 2010.
At the 2012 Economic Times Awards, he was recognized as the Global Indian of the Year. He received both an honorary doctorate and an honorary fellowship from TERI University, New Delhi in 2014.
Tribute to Anshu Jain
Virender Sehwag said:
Anshu Jain was a friend and an avid cricket lover. Used to talk non-stop cricket on phone calls for hours. Condolences to his family. Man Shanti
Ravi Shastri said:
Devastating to hear the news of Anshu Jain’s passing. A great guy with a serious KEEDA for cricket. A cricket enthusiast and a half. Condolences to Geetika and family. God bless his soul
Sanjeev Sanyal said:
Anshu Jain, the former CEO of Deutsche Bank, has died at the age of 59. Very sad to hear that. I worked with him for many years. She will remember him as an inspirational boss. Man Shanti!!
Swapan Seth said:
It’s not about how someone will remember Anshu Jain. It’s about how anyone can ever forget him. This was one of the nicest and shortest speeches I’ve ever had. May he rest in peace and purpose-
Dr. Syed Zafar Islam said:
Rajdeep Sardesai said:
Grief-stricken to learn of the death of former Deutsche Bank CEO Anshu Jain, an Indian who led a global bank, wore his Indianness on his sleeve with great pride. he was not only a banking star but also did a lot for wildlife conservation in this country.