Deriv Appoints Prakash Bhudia as Chief Growth Officer
Deriv has appointed Prakash Bhudia as Chief Growth Officer, strengthening its senior leadership team as the company accelerates global expansion and execution of its AI-first strategy. The appointment comes at the end of a landmark year for the online trading platform, marked by new regulatory licences and a refreshed leadership structure.
Deriv, which serves more than three million clients worldwide, has undergone significant change in 2025, including the appointment of Rakshit Choudhary as sole Chief Executive Officer and the securing of strategic licences in the UAE, Mauritius and the Cayman Islands. The company has also committed to an AI-first roadmap aimed at improving efficiency, resilience and user experience across its platforms.
The promotion signals Deriv’s intent to align growth, technology and regulation under a unified strategic direction as it of its expansion.
From Trading Operations to Global Growth Leadership
Bhudia was promoted from his role as Head of Trading and Growth, having joined Deriv in 2022 as Head of Dealing. Since then, he has held several senior leadership roles, contributing to growth across trading operations, product development and market expansion.
He brings nahead two decades of experience in , having worked across major global financial centres including Tokyo, New York and London. In his new role, Bhudia will overview a unified global growth structure, with responsibility for scaling Deriv’s presence in high-growth markets and expanding its product and partnership ecosystem.
Looking ahead to 2026, his priorities include advancing Deriv’s AI-driven capabilities, penetration and ensuring disciplined, sustainable expansion.
Positioning Deriv for Its Next Growth Phase
Commenting on his appointment, Bhudia said that expanding access to trading must go hand in hand with robust and partnerships, particularly in emerging markets where access remains limited. He emphasised the importance of ensuring that each new market benefits fully from Deriv’s technology, compliance standards and client experience.
Rakshit Choudhary, Chief Executive Officer of Deriv, highlighted the timing of the appointment, noting that advances in AI and regulatory progress have created an inflection point for the business. He said Bhudia’s track record and client-focused approach would be critical as the company scales its AI-first strategy while maintaining quality and trust.
With over 26 years of operating history, Deriv is positioning itself to leverage technology, regulation and leadership depth to support its ambition of making to anyone, anywhere and at any time.
