Anshu Jain - Wikipedia, the free encyclopedia

Anshu Jain - Wikipedia, the free encyclopedia

Anshuman Jain (born 1963 in Jaipur , Rajasthan India) is a financier of Indian descent. He is a member of Deutsche Bank’s Management Board and, as head of the Corporate and Investment Bank since July 2010, is globally responsible for Deutsche Bank’s corporate finance, sales and trading, and transaction banking business.

Jain studied economics at Shri Ram College of Commerce at Delhi University, earning a bachelor's degree with honors in 1983. He continued with a Master of Finance at the University of Massachusetts Amherst through 1985.

After having finished university he started as an analyst in derivatives research at Kidder Peabody & Co. (now part of UBS) where he worked from 1985 to 1988. After three years he joined Merrill Lynch in New York where he founded and led the securities industry’s first dedicated hedge fund coverage group.

In 1995 Jain joined Deutsche Bank’s nascent markets business to set up and run a specialist unit focusing on hedge funds and institutional derivative coverage.

Since 2002 he has been in the Deutsche Bank Group Executive Committee (GEC) and was formerly head of Global Markets and joint head of the Corporate and Investment Bank from 2004. His previous roles included head of fixed income sales and trading, global head of derivatives and emerging markets as well as the global head of institutional client coverage.

In April 2010 Deutsche Bank reported first quarter net revenues of EUR 9bn of which the Corporate and Investment Bank contributed net revenues of EUR 6.6bn, up from EUR 4.9bn in the first quarter 2009.

Jain has been the subject of considerable speculation in the media that he could succeed Josef Ackermann as Chief Executive of Deutsche Bank.

In addition to his Deutsche Bank commitments Jain is a non-executive director of Sasol, South Africa’s leading oil and gas company. He served as a member of the Indian Prime Minister’s Working Group on Inward Investment in India and more recently helped to lead Deutsche Bank’s team advising the UK Treasury on financial stability, with a broad mandate across all elements of the bank rescue package and other financial issues. Jain was also a member of the Financial Services Global Competitiveness Group, tasked by the Chancellor of the Exchequer in July 2008 with a year-long assessment of the UK’s long-term approach to international financial services.

Anshu received Risk Magazine’s Lifetime Achievement Award in 2010, as well as the annual Business Leader Award from NASSCOM, the premier trade body and chamber of commerce of India’s IT and outsourcing industry. He is a 2005 recipient of the American Indian Foundation’s Achievement Award for philanthropy and ongoing involvement in India’s development. He won Euromoney Magazine’s Capital Markets Achievement Award in 2003.

Jain lives in London and is an active supporter of a range of wildlife and environmental conservation charities.

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