Fitschen and Jain Revive Deutsche Bank Co-CEO Tradition

When Juergen Fitschen and Anshu Jain take over as co-chief executive officers of Deutsche Bank AG this week they’ll be reviving a tradition of dual leadership at Europe’s largest bank that ran from the 1960s to the 1980s.

The 63-year-old Fitschen, a Deutsche Bank veteran steeped in corporate banking, has served as head of Germany since 2005, while Jain, a native of India 14 years his junior, led an expansion of the investment bank from offices in London.