New York: Anshu Jain, co-CEO of Deutsche Bank, has described India as a strategic market for Germany’s global banking major, which could create India’s long-term optimistic view.
"Deutsche Bank is a large investment and commercial bank in India. Having a large amount of vital back office and mid office infrastructure, the retail and asset management businesses is growing continuously in India." said Jain.
Jain describes himself as an ‘Indian’ with a British passport who works for a German bank. Jain is one of the renowned Indian executives assuming leadership roles at global corporations. He became the Co-CEO of Deutsche Bank in 2012, having first joined in 1995 to build the banks nascent markets business.
He has also been honoured by the Jewish Museum at its annual high-profile gala, as a tribute to his personal and professional relationships with the city's Jewish community. He also further stated that the Indian community at the helm of global firms, are a ‘comment on two factors’.
"Not ignoring the fact that the Indian education system and its values is worth appreciating, there’s even a need for considering Western model of acceptance and meritocracy as well,” added Jain.
"It is an opportunity to celebrate American, German and British cultures which afford people from different backgrounds an opportunity," highlighted Jain. This statement was further supported by listing down a number of successful business story examples of Mastercard's CEO, Ajay Banga and Citigroup's former Chief, Vikram Pandit.
"We should celebrate the systems in which we are succeeding and not just our roots," concluded Anshu Jain.
