Anshu Jain was a business executive of British Indian. He passed away at 59 years old. Let’s see how did he die, what happened, and what was Anshu Jain Cause of Death.
How did Anshu Jain die?
Anshu Jain, the former co-president and chief operating officer of Deutsche Bank AG, passed away on Saturday after a five-year struggle with duodenal cancer, according to a statement from his family. The age of Anshu Jain was 59. His family claimed that Anshu Jain received a duodenal cancer diagnosis in January 2017.
Anshu Jain’s family released a statement saying, “We are profoundly 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 due to cancer. Anshu Jain survived four years longer than expected after receiving his original diagnosis in January 2017 “through a mix of rigorous personal research, tactical skill, excellent caregivers, and sheer force of will,” according to his family.
Medico topics have been trying to reach out to the family and relatives for comment on the incident. So far no responses have been received. We will update the page once enough information is available. More information on Anshu Jain cause of death will be added soon.
Who is Anshu Jain?
British Indian business executive Anshuman Jain. He oversaw Cantor Fitzgerald, an American provider of financial services. Jain also served on the management board of Deutsche Bank. Previously, he oversaw the corporate finance, sales and trading, and transaction banking operations for Deutsche Bank as president of its Corporate and Investment Bank. Up until January 2016, Jain remained a consultant for the bank.
Anshu Jain Early Life
Jain’s father worked as a civil official and he was born in Jaipur, India. He was brought up in the Jain faith. He is related to Ajit Jain, who has served as vice chairman of Berkshire Hathaway’s 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 the University of Delhi’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 professor there.
Anshu Jain Personal Life
Geetika, a travel writer and children’s book author, and Jain were wed. The couple owned a home in New York City as well as London. Two kids were born to the couple. Cricket, golf, wildlife photography, and wildlife protection were among Jain’s pastimes.
Anshu Jain Career
Jain started 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 he was given the responsibility of building a renowned investment bank division in London.
He was appointed head of global capital markets sales, OTC derivatives, global credit derivatives, and developing markets in the middle of 2000.
Fitschen oversaw Deutsche Bank’s retail banking operations and German affairs throughout their time as co-presidents. He also managed the bank’s relationships with the Berlin government and other German stakeholders.
With regard to capitalising the bank and cost-cutting, Jain and Fitschen achieved progress. Jain received criticism for not restructuring Deutsche Bank enough or quickly enough to get it out of the high-risk, closely watched, and heavily regulated business of investment banking during his time as co-CEO.
Jain joined the advisory board of SoFi (Social Finance, Inc.), a fintech business with headquarters in San Francisco, in 2016.
He was named president of Cantor Fitzgerald in January 2017, a medium-sized, private New York company run by Howard Lutnick that provides investment banking and other financial services.
Anshu Jain Awards
Jain was given the Capital Markets Achievement Award by Euromoney magazine in 2003. He received a commendation from the American India Foundation in 2006 for his leadership and generosity. He earned the Lifetime Achievement Award from Risk magazine and the NASSCOM Business Leader Award in 2010.
At the Economic Times Awards in 2012, he was recognised as the Global Indian of the Year. He received both an Honorary Doctorate and an Honorary Fellowship from TERI University in New Delhi in 2014.
Tribute to Anshu Jain
Virender Sehwag said,
Anshu Jain was a friend and an avid cricket lover. Used to speak non-stop cricket on phone calls for hours. Condolences to his family. Om Shanti
Ravi Shastri said,
Devastating to hear the news of the passing away of Anshu Jain. Great bloke with a serious KEEDA for cricket. A cricket buff and a half. Condolences to Geetika and the family. God bless his soul
Sanjeev Sanyal said,
Anshu Jain, Deutsche Bank’s ex-CEO, dies at 59. Very sad to hear this. Worked with him for many years. Will remember him as a inspirational boss. Om Shanti !!
Swapan Seth said,
It is not about how one will remember Anshu Jain. It is about how can one ever forget him. This was one of the finest, shortest speeches that I have ever head. May he rest in peace and purpose-
Dr. Syed Zafar Islam said,
News content writer.
We will miss him greatly