For Recruiters
Deutsche Bank's analysts and associates were on first name terms with the CEO.

Anshu Jain's secret power was the Deutsche Bank cricket team

While the eulogies flood in for former Deutsche Bank CEO Anshu Jain, some who know Anshu say that one of his strongest points is being overlooked. - His love of cricket, and more importantly, the Deutsche Bank cricket team.

"Anshu ran one of the most feared bank cricket teams - and even one of the most feared club cricket teams in all of London," says one of his former Deutsche Bank colleagues. "His love of cricket and his devotion to the team brought the bank together."

Jain's cricketing passion hasn't gone entirely unmentioned by people remembering Deutsche's former CEO. James Davies, the current head of Deutsche's investment bank for the Americas, says he first met Anshu on the cricket pitch. IFR recalls how Jain participated in a game of shadow cricket with its editor in his DB office. 

One former member of the Deutsche Bank cricket team says it was active from around 2009 to 2015 when Jain left Deutsche Bank, and that alongside his role as CEO, Jain would screen the players and help line-up the games. "He'd select the team from January to April and for two hours each Sunday we'd play into the net," he says. Selection was based on talent at cricket rather than seniority in the bank: "75% of the team was made up of analysts and associates and VPs. Senior MDs weren't able to insist upon participating."

The resulting matches sometimes involved teams made up of hedge fund or private equity clients, but they also involved top clubs from around London. On occasion, the Deutsche Bank team would travel to locations like the Rothschild estate at Leighton Buzzard or the Lord's cricket ground at St. John's Wood.

For the Deutsche Bank juniors participating in the team, it was a transformative experience. "Anshu was incredibly humble and down to earth," recalls one former player. "He would treat us as his equals and we would get a chance to spend a day with the CEO on a first name basis. He would put a lot of time into it, and would sometimes even drive us to and from the matches himself."

After the matches there would often be a meal, and sometimes these took place at Jain's London home. "We all knew his family - his kids and his wife," says one member of the team. "It was an incredibly important and formative experience for a lot of people and it really helped to define Deutsche's culture at the time."

Photo by sefton Marks on Unsplash

Click here to create a profile on eFinancialCareers. Make yourself visible to recruiters hiring jobs where company sports teams are the norm.

Have a confidential story, tip, or comment you’d like to share? Contact: sbutcher@efinancialcareers.com in the first instance. Whatsapp/Signal/Telegram also available (Telegram: @SarahButcher)

Bear with us if you leave a comment at the bottom of this article: all our comments are moderated by human beings. Sometimes these humans might be asleep, or away from their desks, so it may take a while for your comment to appear. Eventually it will – unless it’s offensive or libelous (in which case it won’t.)

author-card-avatar
AUTHORSarah Butcher Global Editor
Cancel
  • Pa
    Patriot
    18 August 2022

    He also played social golf to a good standard. Think his USGA Index was a reasonable 11/12. But what drove him in golf was his drives off the Tee. He always wanted to be the longest driver in a four ball. And ofcourse he always wanted to win. He hated those who brown nosed by deliberately missing putts. Wouldn't stand for that.

Apply for jobs

Find thousands of jobs in financial services and technology by signing up to eFinancialCareers today.

Boost your career

Find thousands of job opportunities by signing up to eFinancialCareers today.
Latest Jobs
CME Group
Data Engineer
CME Group
Östermalm, Sweden
CME Group
Optimization Client Services Analyst
CME Group
Östermalm, Sweden
CME Group
BI/Data Analyst
CME Group
Östermalm, Sweden
CME Group
Software Engineer
CME Group
Östermalm, Sweden
CME Group
Software Engineers
CME Group
Östermalm, Sweden
CME Group
Software Engineer - Senior
CME Group
Östermalm, Sweden