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Anshu Jain Appointed co-ceo at Deutsche Bank

 



Deutsche Bank has appointed Anshu Jain, 48 as Joint Chief Executive Officer, after long period of speculation.  Anshu Jain will share the responsibilities with   another board member Jürgen Fitschen. Anshu Jain will run banking operations in London and New York. Presently, his investment-banking unit accounts for about 75 percent of the bank’s profits. Anshu Jain is credited with guiding Bank through the 2008 financial crisis safely. Unlike many other European and U.S. banks.  It is believed that the bank decided on a dual CEO structure to avoid major culture shock. Jain is known as ambitious confident.  He has a good vision, he communicates his vision well, and he’s a good speaker.  Brought up in Delhi, Jain earned a bachelor’s degree in economics from the University of Delhi. He moved to the U.S. when he was 19 and after earning an MBA from the University of Massachusetts  worked at several U.S. banks before joining Deutsche Bank bank in London in 1995.