Financial Services company Cantor Fitzgerald said it has hired former Deutsche Bank Co-Chief Executive Anshu Jain as president. The firm said in a statement on Monday that Jain will work with Cantor CEO Howard Lutnick to “build on Cantor Fitzgerald’s strong client-focused business foundation and drive the firm’s momentum as it enters the next phase of growth.”
Lutnick said in the statement that Jain has a “proven track record” in the financial services industry and of building global business. He said Cantor Fitzgerald plans to leverage Jain’s expertise and experience to grow the firm. Jain said in the statement that Cantor Fitzgerald is in a good position to “capitalize on the changing financial landscape” and noted the firm’s growth in the past 15 years.