New leadership at Deriv: Rakshit Choudhary drives AI, honours founder’s legacy

With the appointment of Rakshit Choudhary as the new CEO, Deriv takes a moment to celebrate 25 years of visionary leadership under founder, Jean-Yves Sireau, while looking ahead to an AI-driven future.  

Jean-Yves established Deriv in 1999 with a mission to make trading accessible to anyone, anywhere, anytime. His foresight transformed a startup into a global leader, serving over three million clients worldwide. Jean-Yves's commitment to innovation and adaptability has consistently kept Deriv at the forefront of the fintech industry, launching innovative products and building trust among traders globally.

Over the course of 25 years, Jean-Yves not only steered Deriv’s growth but also instilled a culture of innovation and resilience. His commitment to making trading both accessible and fair has resulted in the launch of numerous groundbreaking products, setting industry standards and strengthening clients’ confidence in the evolving fintech landscape. Under his leadership, Deriv navigated complex market dynamics successfully, continually adapting to emerging tech and customer needs.

The past year marked a dynamic period for Deriv, with Jean-Yves and Rakshit serving as co-CEOs to lay the groundwork for seamless leadership succession. Together, they spearheaded initiatives that embraced AI as a core driver of the company’s evolution. This strategic focus on AI paved the way for further innovation and enhanced client experiences, ensuring Deriv remains a leader in the fast-evolving trading landscape. This CEO transition is a planned succession and a natural next step in Deriv's journey.

Rakshit’s 16-year tenure at Deriv makes him well-positioned to guide the company into this new chapter. His expertise in operational efficiency and strategic innovation sets the foundation for continued market leadership. He has played a crucial role in Deriv’s growth and is set to lead the next phase of innovation.

“It’s a great honour to take on the role of CEO,” said Rakshit. “Deriv has consistently pushed the boundaries of innovation in trading. I look forward to building on the legacy laid by Jean-Yves— accelerating growth in our core markets, advancing our AI-first strategy, and enhancing the client experience across the board.”

Jean-Yves now transitions to a strategic Founder and remains a majority shareholder. While stepping back from day-to-day operations, he will continue to shape Deriv’s long-term vision and provide guidance. His next venture, n1.healthcare, reflects his ongoing commitment to innovation. By focusing on AI-driven health optimisation, Jean-Yves hopes to make a meaningful impact in healthcare, just as he did in trading.

The leadership transition signals a new era for Deriv, blending the legacy of a visionary founder with the forward-thinking leadership of a proven innovator. With Rakshit Choudhary at the helm, Deriv is poised to set new benchmarks in online trading, powered by AI and a commitment to client-centric innovation.

About Deriv

For over 25 years, Deriv has been dedicated to making online trading accessible to anyone, anywhere. Trusted by more than 3 million traders worldwide, Deriv offers an extensive range of trade types across over 300 assets on award-winning, user-friendly platforms. With a global team of over 1,400 professionals, Deriv fosters a culture of innovation, growth, and excellence — a commitment recognised through its Platinum accreditation by Investors in People.

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Website: www.deriv.com