Deutsche Bank co-CEO Anshu Jain honoured by NY's Jewish Museum

Jain became the Co-CEO of Deutsche Bank in 2012, having first joined in 1995 to build the bank's nascent markets business.

PTI| Last Updated: Feb 27, 2014, 13:18 PM IST

New York: Deutsche Bank's co-CEO Anshu Jain has been honoured by the Jewish Museum here at an event where the India-born executive reminisced about his years as a young immigrant studying in the US and the values of family and education that helped shape his life and career.

Addressing the high-profile annual Purim Ball, Jain said a "defining" year for him was 1982 when he arrived in America as a 19-year-old student.

"For a young Indian, it felt like a new world. What I experienced was something many of your parents and grandparents may have told you about: that?unforgettable moment of arriving, as an immigrant, in this great, multi- cultural country," Jain told an audience of about 1,000 guests from the worlds of art, fashion,?entertainment et al.

Jain was accompanied by his wife and two children.

The event also commemorated 15 years of partnership between the Jewish Museum and Deutsche Bank.

Jain started his career at Wall Street, working at financial major Merrill Lynch.

Describing himself as an "Indian with a British passport who works for a German bank", Jain said he learnt a lot from New York's Jewish community during his early years in the city.

"Here in New York, in this Jewish community, many things felt instantly familiar to a young Indian. Family is important in both our communities. In India, it's central to the fabric of life. Education was another point in common. My parents made it possible for me to travel seven thousand miles to study here in the US," he said adding that it was a first step in his journey.

Jain noted that the cultural bonds he experienced as a young immigrant student have been a "huge help and support" to him throughout a large part of his life.

"I was an immigrant; your community made me feel at home. I'm deeply grateful for that. These bonds are more than cultural; they?re also personal," he said.

Jain recalled that during his early years on Wall Street, many of his first role models were Jewish, who had started as immigrants like him.

"From them I learned, as a newcomer, how to navigate Wall Street's traditions. Among New York's Jewish community I have friendships and close client relationships which I forged and treasured in my early days," he added.

Jain said tolerance and respect for diversity are crucial to the culture of Deutsche Bank.

"Around the world, we have employees from more than 150 nationalities. We believe a diverse team is a strong team," he added.

Jain became the Co-CEO of Deutsche Bank in 2012, having first joined in 1995 to build the bank's nascent markets business.