NEW YORK, Jan. 2, 2017 /PRNewswire/ — Cantor Fitzgerald, L.P. (“CFLP”, “Cantor”, or the “Firm”), a leading financial services company, today announced that Anshu Jain is joining the Firm as President. Working with Howard W. Lutnick, Chairman and Chief Executive Officer of CFLP, Mr. Jain will build on Cantor Fitzgerald’s strong client-focused business foundation and drive the Firm’s momentum as it enters the next phase of growth.

Mr. Jain is the former Co-Chief Executive Officer of Deutsche Bank and has been a leader in the financial services industry for over three decades.

Mr. Lutnick commented: “I am excited to welcome Anshu as President of Cantor Fitzgerald, L.P. Anshu is a world-class leader in the financial services industry. With this outstanding addition, we expect to improve our already exceptional service to clients, extend and expand the products and services we offer, and increase the capital available to assist clients. Anshu has a proven track record as a pioneer and builder of leading global businesses. He has a deep understanding of the global capital markets, and strong expertise built over decades of leadership in the industry, making Anshu my ideal partner to drive growth during the next era of Cantor’s development. We expect to leverage Anshu’s global outlook, unrivalled experience, and deep network to further grow our Firm.”

Shawn Matthews will remain the President and Chief Executive Officer of Cantor Fitzgerald & Co., the Firm’s broker-dealer subsidiary.

Mr. Jain added: “I have long admired Howard’s extraordinary leadership and successful efforts as he and his team rebuilt and expanded the Firm after 9/11. From the end of 2001 through now, CFLP has grown dramatically from several hundred employees and partners to over 10,000 globally across financial services and real estate. Cantor’s unwavering determination to succeed despite past adversity, along with its fiercely loyal client base, and unique global position, are what attracted me to this great Firm.

“As a leading non-bank financial institution, with cutting-edge technology and a global reach, Cantor is well-positioned to capitalize on the changing financial landscape for the benefit of its clients. Cantor has expanded dramatically over the past 15 years, and I am excited to join Howard and the partners of Cantor Fitzgerald as we set course for the next era of the Firm’s growth.”