FRANKFURT (Reuters) – Anshu Jain, the former co-chief executive of Deutsche Bank AG, died early on Saturday at the age of 59 after a long and serious illness, the bank said.
“Anshu Jain has played a key role in the development of Deutsche Bank, especially in the global capital market,” said Alexander Wynaendts, chairman of the bank’s supervisory board.
The Indian-born banker was appointed to Deutsche Bank’s management committee in 2009 and was responsible for the corporate and investment banking division from 2010. From 2012 to 2015, he was co-CEO .
According to Bloomberg News, Anshu Jain had been suffering from cancer for five years.
(Report Vera Eckert in Frankfurt and Maria Ponnezhath in Bangalore, French version Jean-Michel Bélot)
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