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New leadership, bold vision: Rakshit Choudhary appointed CEO of Deriv

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..... New leadership, bold vision: Rakshit Choudhary appointed CEO of Deriv
PTI News
Dated:- 21-5-2025
PTI
• Founder Jean-Yves Sireau transitions to Founder role after 25 years of leadership. CYBERJAYA, Malaysia, May 21, 2025 /PRNewswire/ -- Deriv, a global leader in online trading, has announced a major leadership transition as Rakshit Choudhary assumes the role of Chief Executive Officer .....

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..... , ushering in a new era of innovation and growth. Jean-Yves Sireau, Founder and former co-CEO, will continue to serve as Founder and majority shareholder, stepping back from daily operations to focus on strategic guidance and future ventures. From Intern to CEO: Choudhary to lead Deriv's next phase Choudhary's appointment marks the culmination of a 16-year journey within Deriv, having served as .....

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..... Chief Operating Officer and most recently as co-CEO. Throughout his tenure, he has been instrumental in scaling the company to serve over three million clients globally, launching industry-leading products, and championing the company's mission to make trading simple, fair, and accessible for all. "It's a great honour to take on the role of CEO," said Rakshit Choudhary. "Deriv has consistently p .....

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..... ushed the boundaries of innovation in trading. I look forward to building on that legacy — accelerating growth in our core markets, advancing our AI-first strategy, and enhancing the client experience across the board." The transition comes at a pivotal time for Deriv. Earlier this year, the company initiated a bold move to adopt an AI-first model, with significant investments in infrastructure, t .....

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..... echnology, and talent. This transformation is aimed at driving scalable growth and delivering a more personalised and efficient trading experience to clients worldwide. Deriv's AI-First strategy signals a bold new chapter Reflecting on the transition, Jean-Yves Sireau, who founded Deriv in 1999, commented: "This handover represents a natural and exciting evolution for Deriv. Rakshit has been an .....

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..... integral part of the company's growth for over 16 years and is ideally placed to lead it into its next chapter. As Founder, I remain committed to preserving Deriv's values and mission, while dedicating more time to my next venture — n1.healthcare, an AI-driven health optimisation company. I am confident that under Rakshit's leadership, Deriv will reach even greater heights." Website: www.deriv.com .....

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..... Photo: Logo: (Disclaimer: The above press release comes to you under an arrangement with PRNewswire and PTI takes no editorial responsibility for the same.). PTI PWR PWR
News - Press release - PIB .....

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