Deriv don appoint Prakash Bhudia as Chief Growth Officer

• Dis appointment follow one landmark year wey Deriv appoint new CEO, expand im regulatory presence across three jurisdictions, and begin im AI-first transformation.

London, UK, 19 December 2025 – Deriv, one leading global online trading platform wey dey serve ova 3 million clients worldwide, today don announce say dem don appoint Prakash Bhudia as Chief Growth Officer to drive global expansion and help di company fulfil im mission to make trading accessible to anybody, anywhere, anytime.

Dis appointment complete one transformative 2025 for Deriv, wey don appoint Rakshit Choudhary as di only CEO and secure strategic licences for UAE, Mauritius, and di Cayman Islands. For di beginning of 2025, Deriv set one clear AI-first strategy wey focus on strengthening back-end operations and bringing better efficiency directly to clients through trading experiences wey dey faster, safer, and easier to understand.

From global trading floors to growth leadership

Bhudia, wey dem promote from im role as Head of Trading and Growth, don move through important leadership roles for Deriv since e join di company for 2022 as Head of Dealing, and e don drive growth across trading operations, product development, and market expansion. E get nearly two decades of experience for trading and risk management from major financial hubs, including Tokyo, New York, and London.

For im expanded role, Bhudia go oversee one unified growth structure. Im priorities for 2026 na to advance Deriv AI-first capabilities, deepen di company market presence for regions wey dey grow fast, and expand di product and partnership ecosystem.

“To make trading accessible to anybody, anywhere, anytime mean say we must reach traders for emerging markets wey no get dat access now, but make we expand with discipline,” Bhudia tok. “Dat mean say we must build di correct infrastructure, form di correct partnerships, and make sure say every new market wey we enta get di full Deriv experience.”

“We don reach one turning point wia AI and regulatory growth fit make we serve new markets on a large scale,” Rakshit Choudhary, CEO of Deriv, tok. “Prakash im track record dey show di discipline and focus on clients wey we need to carry out dis expansion while we maintain di quality wey build our reputation. Im leadership go dey very important as we speed up our AI-first strategy enter 2026.”

Bhudia get a bachelor’s degree in Economics from di University of Cambridge, England.