UPDATE 1-Death of Anshu Jain, former co-CEO of Deutsche Bank

FRANKFURT, Aug 13 (Reuters) – Anshu Jain, the former joint 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 BĂ©lot)

Source link -91