Deriv appoints Prakash Bhudia as Chief Growth Officer

• Appointment follows landmark year of new CEO, regulatory expansion across three jurisdictions, and AI-first transformation

London, UK, 19 December 2025 – Deriv, a leading global online trading platform serving over 3 million clients worldwide, today announced the appointment of Prakash Bhudia as Chief Growth Officer to drive global expansion and deliver on the company’s mission of making trading accessible to anyone, anywhere, anytime. 

The appointment caps a transformative 2025 for Deriv, which has seen the appointment of Rakshit Choudhary as sole CEO and the securing of strategic licences in the UAE, Mauritius, and the Cayman Islands. At the beginning of 2025, Deriv set out a clear AI-first strategy focused on strengthening back-end operations and bringing efficiency gains directly to clients through faster, safer, and more intuitive trading experiences.

From global trading floors to growth leadership

Bhudia, who was promoted from Head of Trading and Growth, has progressed through key leadership roles at Deriv since joining in 2022 as Head of Dealing, driving growth across trading operations, product development, and market expansion. He brings nearly two decades of trading and risk management experience from major financial hubs including Tokyo, New York, and London.

In his expanded role, Bhudia will oversee a unified growth structure. His priorities for 2026 include advancing Deriv’s AI-first capabilities, deepening the company’s market presence in high-growth regions, and expanding the product and partnership ecosystem.

“Making trading accessible to anyone, anywhere, anytime means reaching traders in emerging markets who currently lack that access, but expansion must be disciplined," said Bhudia. “That means building the right infrastructure, forming the right partnerships, and ensuring every new market we enter gets the full Deriv experience.”

"We're at an inflection point where AI and regulatory growth enable us to serve new markets at scale," said Rakshit Choudhary, CEO of Deriv. "Prakash's track record demonstrates the discipline and client focus we need to execute this expansion while maintaining the quality our reputation is built on. His leadership will be critical as we accelerate our AI-first strategy into 2026."

Bhudia holds a bachelor's degree in Economics from the University of Cambridge, England.