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Deutsche Bank's former India-born co-CEO Anshu Jain dies after battle with cancer

Sun, 14 August 2022

10:08

Anshu Jain, Deutsche Bank's former India-born co-chief executive officer, has died after a nearly five-year battle with cancer.

Deutsche Bank said in a statement Saturday that it mourns the death of its former Co-CEO Anshu Jain, who passed away in the early hours of Saturday at the age of 59 after a long, serious illness.

Jain was diagnosed with duodenal cancer in 2017.

"We are deeply saddened that our beloved husband, son, and father, Anshu Jain, passed away overnight," his family said in a statement, according to a report in Fortune.

Duodenal cancer is a mass of irregular, fast-growing cells in the first portion of the small intestine.

The family said Jain outlived his initial diagnosis by four years through a combination of exhaustive personal research, tactical skill, amazing caregivers, and sheer force of will.

There are few reliable statistics for life expectancy for stomach cancer in the third, fourth, and fifth years because so few people survive these milestones.

To his last day, Anshu stood by his lifelong determination to not be a statistic'," the family said, according to the Fortune report.

Born in Jaipur, Jain received his bachelor's degree in economics, with honors, from the University of Delhi and his MBA in finance from the University of Massachusetts Amherst. -- PTI

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