Anshu Jain Tributes Laud Ex-Deutsche Bank Chief’s Humanity, Leadership

Tributes from Wall Street and beyond poured in for Anshu Jain, whose death was announced after a five-year battle with cancer.

Anshu Jain in 2013. Photographer: Munshi Ahmed/Bloomberg
Anshu Jain in 2013. Photographer: Munshi Ahmed/Bloomberg

Tributes from Wall Street and beyond poured in for Anshu Jain, the India-born Cantor Fitzgerald president and former co-chief executive officer of Deutsche Bank AG whose death was announced Saturday at the age of 59 after a five-year battle with cancer.

Jain’s untimely death was mourned by co-workers and former contemporaries alike, with much of the focus on his intellect and humanity as well as his leadership.

Below is a selection of comments on Jain, from Garth Ritchie, the former head of corporate and investment banking at Deutsche Bank, to Larry Fink, chairman of BlackRock Inc.

Read more: Anshu Jain, Deutsche Bank Chief in a Pivotal Era, Dies at 59 

Christian Sewing, CEO of Deutsche Bank:

“Anyone who worked with Anshu experienced a passionate leader of intellectual brilliance. His energy and loyalty to the bank left a great impression on many of us.” 

Garth Ritchie, CEO of Centricus Asset Management Ltd. and ex-head of corporate and investment banking at Deutsche Bank, said in a tweet:

Gary Cohn, the former Goldman Sachs Group Inc. president and economic adviser to President Donald Trump: 

“Anshu was always a great competitor and a force in the market. His knowledge, creativity and wisdom will be missed.”

Howard Lutnick, chief executive officer of Cantor Fitzgerald: 

“Anshu was the consummate professional who brought a wealth of experience and wisdom to his role as President. He will be remembered as an extraordinary leader, partner, and dear friend who will be greatly missed by all of us and by all who knew him.”

Larry Fink, BlackRock Inc.’s chairman, wrote in a LinkedIn post: 

“I got to know Anshu while he was at Merrill Lynch and we stayed close as his career grew, including his time at Deutsche. I will always be grateful for the time we had together. He will be remembered for his leadership in financial services and his deep commitment to conservation.”

Rajeev Misra, head of the SoftBank Vision Fund who was previously head of credit and emerging markets at Deutsche Bank:

“I have known Anshu as a school mate for 50 years since 1972. A few salient dimensions that come to mind, among many -- someone with very high integrity and a sense of fairness, multidimensional deep passions ranging from sports, geopolitics, love of wildlife, photography, making friends with smart people and a desire to win in anything he did. Anshu touched hundreds of lives and left a deep impression on them from different walks of life.” 

Another prominent Indian businessman, Rakesh Jhunjhunwala, also died this weekend. He was 62. Journalist Minhaz Merchant commented on the deaths as the nation prepares to mark its 75th anniversary of independence.

The UK’s former chancellor Sajid Javid previously worked with Jain. 

“Very saddened that my friend (and former boss) Anshu has passed away, after a 5-year battle with cancer. Thinking of his dear family. Om Shanti.”

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