Cantor Fitzgerald L.P., a global financial services firm, has confirmed that the firm’s president Anshu Jain died after battling a serious illness. He was 59 years old.
“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. On behalf of all our partners and employees, we extend our deepest sympathies to Anshu’s family and wish them peace and healing during this difficult time,” said Howard Lutnick, chief executive officer.
Cantor Fitzgerald said that Jain, who joined the firm January 2017, was instrumental in building and cultivating its advisory and sales and trading businesses and played a fundamental role in directing the investment bank’s executive committee.
Previously, Jain served as co-chief executive officer and co-chairman of Deutsche Bank from June 2012 to June 2015. He joined Deutsche Bank in 1995, and prior to that, held various roles at Merrill Lynch and Kidder, Peabody & Co. He served on the international advisory panel of the Monetary Authority of Singapore, and was an “ardent conservationist,” working with global environmental and wildlife conservation groups.
Jain holds a bachelor’s degree in economics from the University of Delhi and an MBA in finance from the University of Massachusetts Amherst.
Cantor Fitzgerald is a global financial services group that was founded in 1945. Cantor Fitzgerald & Co. is an investment bank that specializes in fixed income and equity capital markets, investment banking, SPAC underwriting and PIPE placements, prime brokerage, asset management, commercial real estate and for its global distribution platform. The firm also sponsors a number of non-traded alternative investment offerings.