Online Broker Deriv Appoints Rakshit Choudhary as Co-Chief Executive Officer

Online broker Deriv has updated its leadership model with the appointment of Rakshit Choudhary as Co-Chief Executive Officer (Co-CEO). Rakshit was promoted from Chief Operating Officer, a position he held for five years, where he was responsible for research, development, and launch of products across all platforms. 

He has been with the company for about 15 years, starting as a Quantitative Analyst and later promoted to Head of Quantitative Development & Research.

“Rakshit is a great leader with a deep with a deep understanding of Deriv’s business, so his move to co-CEO is a natural step forward for us,” commented Jean-Yves Sireau, the Founder and co-CEO of Deriv. “Refreshing our leadership model makes us well-positioned to take on the next phase of Deriv’s business, which is focused on expanding globally and engaging more deeply with diverse markets. This dual leadership approach helps keep Deriv innovative and committed to excellent customer service and strong partnerships.”

Rakshit stated, “I have been lucky to be part of Deriv’s incredible growth and evolution for the last 14 years, witnessing firsthand its mission to make trading accessible to anyone, anywhere. At the center of this is a focus on staying innovative, secure, and accessible. I look forward to continuing to grow Deriv’s business globally alongside Jean-Yves, as we take the company into another successful 25 years.”