Anshu Jain Biography: Net Worth, Wife, Death, Age, Children, Parents
Anshu Jain was an Indian-born British business executive who gained prominence as the co-CEO and co-chairman of Deutsche Bank.
Known for his leadership in the financial sector, Jain played a crucial role in transforming Deutsche Bank into a global investment bank.
He later became the president of Cantor Fitzgerald, a renowned financial services firm.
Profile
- Full Name: Anshuman Jain
- Date of Birth: January 7, 1963
- Age: 60 years old (as of 2023)
- Gender: Male
- Place of Birth: Jaipur, Rajasthan, India
- Nationality: British
- Profession: Business Executive
- Height: 1.8 cm
- Parents: Ambu Jain and Shashi Jain
- Siblings: N/A
- Spouse: Geetika Jain
- Children: 2
- Relationship Status: Married
- Net Worth: $60 million
Early Life & Education
Anshu Jain, now 60, was born on January 7, 1963, in Jaipur, India, to parents Ambu Jain and Shashi Jain.
Raised in the Jain religion and hailing from a family of civil servants, he grew up in a household that instilled discipline and hard work values.
Jain’s early years were spent in New Delhi, where he attended Delhi Public School, Mathura Road.
Jain pursued his higher education at the prestigious Shri Ram College of Commerce at the University of Delhi, where he earned a BA degree in Economics in 1983.
Eager to expand his horizons, he moved to the United States at 19 to further his studies.
In 1985, Jain obtained an MBA in Finance from the Isenberg School of Management at the University of Massachusetts Amherst.
During his time there, he studied under Thomas Schneeweis, an esteemed expert in alternative investments such as futures, options, and derivatives.
Personal Life
Anshu Jain married 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 an analyst in derivatives research at Kidder, Peabody & Co.
In 1988, he joined Merrill Lynch and spent seven years setting up and running the global hedge fund coverage group.
During this time, he became acquainted with Edson Mitchell, an influential investment banker who became Jain’s mentor.
In 1995, Jain followed Mitchell to Deutsche Bank, where they were tasked with creating a world-class investment bank division in London.
Jain initially led a group marketing fixed-income derivatives to large investors and hedge funds. Over the years, he took on various leadership roles within Deutsche Bank, including head of global capital markets, sales, and fixed-income divisions.
Jain’s tenure as co-CEO of Deutsche Bank began in June 2012 when he was appointed alongside Jürgen Fitschen.
While Fitschen handled the bank’s retail operations and German affairs, Jain oversaw the investment bank and asset management divisions.
He was pivotal in expanding Deutsche Bank’s wealth management unit and implementing cost-cutting measures to improve profitability.
Death
Anshu Jain passed away on August 12, 2022, at 59, in London, England. The cause of his death was duodenal cancer.
Net Worth
At the time of his death, Anshu Jain had an estimated net worth of $60 million, which he accumulated through his successful career in the banking industry.
Social Media
- Instagram handle: N/A
- Twitter handle: N/A
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