Deriv, a leading global online trading platform serving over 3 million clients worldwide, has 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 licenses 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

Prakash 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.”

Rakshit Choudhary, CEO of Deriv said,

“We’re at an inflection point where AI and regulatory growth enable us to serve new markets at scale. 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.

About Deriv

Deriv is one of the world’s largest online brokers, offering CFDs and other derivatives on forex, stocks & indices, cryptocurrencies, commodities, and derived indices to over 3 million traders globally. For 26 years, the company has been committed to making online trading accessible to anyone, anywhere, at any time. Deriv offers access to over 300 assets across popular markets on award-winning, intuitive trading platforms. The company’s dedication to innovation and client satisfaction has earned it recognition, including Most Transparent Broker, Most Innovative Online Trading Platform, and Best Trading Conditions.