Deriv review: Prakash Bhudia named Chief Growth Officer to accelerate global expansion
Deriv, one of the world’s largest online trading platforms, has appointed Prakash Bhudia as its new Chief Growth Officer, marking a key leadership move as the company sharpens its focus on global expansion and technology-driven growth. The appointment comes at the end of a pivotal year for the broker, which has combined regulatory progress with an ambitious AI-first strategy aimed at improving efficiency and client experience.
- Chosen by 3 200+ local traders in the last 3 months.
- Traders earn on average 12% more per month vs other brokers.
Deriv serves more than 3 million traders worldwide and offers access to over 300 assets across forex, stocks and indices, commodities, cryptocurrencies and derived indices. The company said Bhudia’s promotion reflects both internal succession planning and its intention to scale responsibly across new and existing markets.
From trading operations to growth leadership
Bhudia was promoted from Head of Trading and Growth, a role in which he oversaw trading operations, product development and market expansion. He originally joined Deriv in 2022 as Head of Dealing and has since played a central role in strengthening the broker’s trading infrastructure and growth initiatives. His career spans nearly two decades in trading and risk management, with experience across major financial centres including Tokyo, New York and London.
In his expanded role, Bhudia will oversee a unified global growth structure. His priorities for 2026 include advancing Deriv’s AI-first capabilities, expanding the product and partnership ecosystem, and deepening the company’s presence in high-growth and emerging markets.
“Making trading accessible to anyone, anywhere, anytime means reaching traders in emerging markets who currently lack that access, but expansion must be disciplined,” Bhudia said. “That means building the right infrastructure, forming the right partnerships, and ensuring every new market we enter gets the full Deriv experience.”
A broader transformation at Deriv
The appointment follows a transformative period for Deriv in 2025. Earlier this year, Rakshit Choudhary was named sole chief executive officer, and the company secured strategic licences in the United Arab Emirates, Mauritius and the Cayman Islands. At the same time, Deriv outlined an AI-first strategy focused on strengthening back-end operations and delivering faster, safer and more intuitive trading experiences to clients.
Choudhary said Bhudia’s leadership would be critical as Deriv accelerates this strategy. “We’re at an inflection point where AI and regulatory growth enable us to serve new markets at scale,” he said, adding that disciplined execution remains central to maintaining the broker’s reputation for quality and transparency.
Founded 26 years ago, Deriv positions innovation and accessibility at the core of its offering. With Bhudia stepping into the Chief Growth Officer role, the broker is signalling that its next phase of expansion will be closely tied to technology, regulation and long-term market development.
Read also: Deriv partners with Vince Stanzione for 2026 market outlook
-
Afghanistan
-
Albania
-
Algeria
-
Angola
-
Argentina
-
Armenia
-
Australia
-
Austria
-
Azerbaijan
-
Bahamas
-
Bahrain
-
Bangladesh
-
Belarus
-
Belgium
-
Bolivia
-
Botswana
-
Brazil
-
Brunei
-
Bulgaria
-
Cambodia
-
Cameroon
-
Canada
-
Chile
-
China
-
Colombia
-
Congo
-
Costa Rica
-
Cote d'Ivoire
-
Croatia
-
Cuba
-
Cyprus
-
Czechia
-
DR Congo
-
Denmark
-
Dominican Republic
-
Ecuador
-
Egypt
-
El Salvador
-
Estonia
-
Eswatini
-
Ethiopia
-
Finland
-
France
-
Georgia
-
Germany
-
Ghana
-
Greece
-
Haiti
-
Hong Kong
-
Hungary
-
India
-
Indonesia
-
Iran, Islamic republic
-
Iraq
-
Ireland
-
Israel
-
Italy
-
Jamaica
-
Japan
-
Jordan
-
Kazakhstan
-
Kenya
-
Korea
-
Kuwait
-
Kyrgyzstan
-
Laos
-
Latvia
-
Lebanon
-
Lesotho
-
Libya
-
Lithuania
-
Luxembourg
-
Madagascar
-
Malaysia
-
Malta
-
Mauritius
-
Mexico
-
Moldova
-
Mongolia
-
Montenegro
-
Morocco
-
Mozambique
-
Myanmar
-
Namibia
-
Nepal
-
Netherlands
-
New Zealand
-
Nigeria
-
North Macedonia
-
Norway
-
Oman
-
Pakistan
-
Palestine
-
Panama
-
Papua New Guinea
-
Paraguay
-
Peru
-
Philippines
-
Poland
-
Portugal
-
Puerto Rico
-
Qatar
-
Reunion
-
Romania
-
Rwanda
-
Saudi Arabia
-
Serbia
-
Singapore
-
Slovakia
-
Slovenia
-
Somalia
-
South Africa
-
Spain
-
Sri Lanka
-
Sweden
-
Switzerland
-
Syria
-
Taiwan
-
Tajikistan
-
Tanzania
-
Thailand
-
Trinidad and Tobago
-
Tunisia
-
Turkey
-
UAE
-
Uganda
-
Ukraine
-
United Kingdom
-
United States
-
Uruguay
-
Uzbekistan
-
Venezuela
-
Vietnam
-
Yemen
-
Zambia
-
Zimbabwe
- Forex
- Crypto
