May 2025 — Deriv, a global leader in online trading services, has announced the appointment of Rakshit Choudhary as its new Chief Executive Officer (CEO). The move marks a strategic leadership transition that places artificial intelligence (AI) at the heart of Deriv’s next phase of innovation and growth.
Choudhary, who joined Deriv in 2009 and most recently served as Co-CEO alongside Founder Jean-Yves Sireau, steps into the role with over 16 years of experience across operations, strategy, and technology. His promotion reflects Deriv’s long-term vision to integrate AI-driven capabilities across its platforms, products, and internal systems.
“As I now step into the CEO role, the path ahead looks exciting”
Strategic Shift: AI at the Core
Deriv’s latest leadership move signals a broader shift toward an AI-first strategy, with planned investments in predictive analytics, product personalization, and operational automation. The company has already begun transforming both internal processes and client-facing tools using AI, including enhancements to its proprietary platforms and automation systems.
Deriv offers a comprehensive suite of trading platforms—including Deriv MT5, Deriv X, SmartTrader, and Deriv Bots—serving over 3 million clients in more than 20 global offices. Its multi-asset offerings span forex, synthetic indices, cryptocurrencies, commodities, and stock indices. With its robust infrastructure and growing ecosystem of API tools, Deriv is well-positioned to lead the evolution of AI-driven retail trading.
Founder Steps Into New Venture
Jean-Yves Sireau, who founded Deriv in 1999, will remain involved in an advisory role, continuing to guide the company’s long-term vision. He now shifts his focus to a new venture, n1.healthcare, a healthtech startup using AI and data analysis to deliver personalized wellness solutions. His transition reflects a broader trend of fintech innovators bringing their expertise into adjacent industries.
Looking Ahead
Under Choudhary’s leadership, Deriv aims to strengthen its global presence, expand access to financial markets, and lead the industry in AI-native trading solutions. With a renewed focus on intelligent systems and client-first design, Deriv is set to redefine what the next generation of digital trading platforms will look like.
About Deriv
Founded in 1999, Deriv is a leading online trading company providing access to a wide range of financial instruments through proprietary and third-party platforms. With a presence in over 20 countries and a client base exceeding 3 million users, Deriv is dedicated to democratizing finance through innovation, transparency, and advanced technology. Learn more at www.deriv.com.