Anshuman Jain took over as Co-CEO of Deutsche Bank on June 1, 2012 to succeed Management Board Chairman Josef Ackermann.
Jain is a member of Deutsche Bank’s Management Board and, as head of the Corporate and Investment Bank since July 2010, was globally responsible for Deutsche Bank’s corporate finance, sales and trading, and transaction banking business. As of July 25, 2011, Jürgen Fitschen and Anshu Jain, both members of the Management Board of the Bank, were nominated as Co-Chairmen of the Board and the Group Executive Committee of the Bank effective at the conclusion of the Annual General Meeting 2012.[2]
Deutsche Bank AG is a German global banking and financial services company with its headquarters in the Deutsche Bank Twin Towers in Frankfurt. It has more than 100,000 employees in over 70 countries, and has a large presence in Europe, the Americas, Asia-Pacific and the emerging markets. In 2009, Deutsche Bank was the largest foreign exchange dealer in the world with a market share of 21 percent.[3][4] The bank offers financial products and services for corporate and institutional clients along with private and business clients. Services include sales, trading, research and origination of debt and equity; mergers and acquisitions (MA); risk management products, such as derivatives, corporate finance, wealth management, retail banking, fund management, and transaction banking.[5]