On Wednesday, 29 October 2014, Anshu Jain, Co-CEO of Deutsche Bank, visited Frankfurt School of Finance and Management. Career choices, leadership topics and his fascination for leading a truly global company such as Deutsche Bank were some of the topics he discussed with the business school’s top students. Professor Dr. Udo Steffens, President of Frankfurt School, welcomed Anshu Jain: “We’re very honoured to have you, Anshu Jain, as our guest today.”
After stressing that he had looked forward to meeting the students as a highlight of his day, Anshu Jain was more than ready to answer the students’ questions. Covering a broad range of topics from leadership skills that are required to work for a global universal bank, to how to start a successful career and the handling of long working hours, the students were able to quiz the Co-CEO on topics close to their heart.
Asked for his motivation that keeps him coming to work every day, Anshu Jain said: “The most important aspect for me, what made me go into this line of work and what still inspires me, is the constant learning curve. In finance you constantly have to learn new things, you will never know everything there is to know and this necessity of constantly acquiring new knowledge is what drives me. It is a very creative job and curiosity is the key to success.” But he also acknowledged that the long working hours in the industry can be tough: “A lot of people struggle with this, especially in the beginning of their career. As an employer we are changing certain old habits, though. We tell our employees, we don’t want to see them at the weekends, for example.”
Gender diversity was also covered and Anshu Jain admitted: “We still aren’t where we want to be, but we are working very hard to implement successful programmes for female leaders.” Questions also concerned consequences of changing regulations governing the finance industry as well as the values that should drive people working in the finance industry. Integrity and discipline are, according to Anshu Jain, core values. Asked for a book he recommended reading, Martin Leibovitz’s Inside the Yield Book, because “it really changed my life.”
Closing the session, Anshu Jain made a passionate point for working in the finance industry as a whole and at Deutsche Bank specifically: “If your start your career here, I will guarantee you, you will not be bored for a day. Learning new things and broadening your horizon will be a constant feature in your work. If financial institutions work well, they are making people’s lives better, and you can become a part of this. Dream big!”