Deriv don promote Rakshit Choudhary from COO to co-CEO
- Rakshit Choudhary don become co-CEO, and e dey work wit Founder and CEO Jean-Yves Sireau
- Deriv don refresh im leadership model as e dey prepare to celebrate im 25th anniversary
23 April 2024, Cyberjaya: As dis online trading company dey approach im 25th anniversary, Deriv don announce say dem don promote Rakshit Choudhary from Chief Operating Officer (COO) to co-Chief Executive Officer (co-CEO). Di co-CEO model go use di different strengths and diverse perspectives of both leaders.
To choose di co-model no be only strategic move for Deriv. E allow di organisation bring different viewpoints and teamwork enter important decision-making, so di business fit remain agile. Dis double leadership framework also dey create environment wia mutual respect and shared accountability na normal practice, and e dey balance individual autonomy wit collective vision.
Jean-Yves Sireau, Founder and co-CEO of Deriv, tok say: “Rakshit na great leader wey understand Deriv business well-well, so im move to co-CEO na natural next step for us. E be like di synergy wey you dey see for pair programming—better decision-making and better alignment of goals.
“As Deriv dey turn 25, na time to reflect. To refresh our leadership model don position us well to take on di next phase of Deriv business, wey focus on global expansion and deeper engagement wit different markets. Dis dual leadership approach dey help Deriv remain innovative and committed to excellent customer service and strong partnerships.”
Choudhary, wey get Master's degree from Georgia Institute of Technology, join Deriv for 2009 as Quantitative Analyst, and later become Head of Quantitative Development & Research. Im next role for Deriv na Head of Product Development before dem promote am to COO for 2018.
Rakshit Choudhary share im thoughts about im new role: “For di last 14 years, I don get di privilege to be part of Deriv incredible growth and evolution, and I don see firsthand di mission to make trading accessible to anybody, anywhere. For di centre of dis mission na focus to remain innovative, secure, and accessible. I dey look forward to continue to grow Deriv business globally alongside Jean-Yves, as we take di company enter anoda successful 25 years.”
Deriv don also move to co-CFO model, as Jennice Lourdsamy, wey bin be Head of Accounts and Payments, don take double leadership role as co-CFO alongside Louise Wolf, di current CFO. Di co-leadership mindset no stop for C-level. Dem dey practise am across Deriv for all levels, in line wit di company values of integrity, competence, customer focus, and teamwork.
Deriv still dey committed to im principles of leadership excellence, wey include clear vision, approaches wey focus on results, continuous learning, and readiness to take action. Dis principles dey inside daily operations, and dem dey important to achieve Deriv mission of making advanced trading solutions accessible worldwide.
About Deriv
For 25 years, Deriv don dey committed to make online trading accessible to anybody, anywhere. More than 2.5 million traders worldwide trust di company, and e offers plenty trade types plus more than 200 assets across popular markets for im award-winning and easy-to-use trading platforms. With more than 1,400 pipo wey dey work globally, Deriv don build environment wey dey celebrate achievements, encourage professional growth, and support talent development. Dis na wetin reflect for im Platinum accreditation by Investors in People.
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