Deriv ⵜⵙⵙⴰⵍⵉ Rakshit Choudhary ⵙⴳ COO ⵖⵔ co-CEO

• Rakshit Choudhary ⵢⵜⵜⵓⵙⵙⵍⵉ ⵖⵔ co-CEO, ⴳ ⵓⵎⵢⴰⵡⴰⵙ ⴷ Founder ⴷ CEO Jean-Yves Sireau
• Deriv ⵜⵙⵙⴰⵢⵏⵓ ⴰⵙⵖⴰⵡⵙⴰ ⵏⵏⵙ ⵏ ⵓⵏⵀⴰⵍ ⴰⵙⵙ ⵏ ⵜⵡⵓⵔⵉ ⵏ ⵜⵡⴰⵍⴰ ⵏⵏⵙ ⵜⵉⵙⵙ 25

23 ⵉⴱⵔⵉⵔ 2024, Cyberjaya: ⴳ ⵓⵎⵓⵙⵙⵓ ⴰⵎⵇⵇⵕⴰⵏ ⵉ ⵜⵡⵓⵔⵉ ⵏ ⵓⵙⵙⴰⵖ ⵖⵔ ⵓⵏⵣⵡⵉ, ⴰⵙⵙⴰⴳ ⵏⵏⵙ ⵖⵔ ⵜⵡⴰⵍⴰ ⵏⵏⵙ ⵜⵉⵙⵙ 25, ⵜⵙⵙⴼⵔⵓⵖⴷ Deriv ⴰⵙⵙⴰⵍⵉ ⵏ Rakshit Choudhary ⵙⴳ ⴰⵎⴰⵙⴰⵢ ⵏ Chief Operating Officer (COO) ⵖⵔ co-Chief Executive Officer (co-CEO). ⴰⵙⵖⴰⵡⵙⴰ ⵏ co-CEO ⴰⴷ ⵉⵙⵙⵎⵔⵙ ⵜⵉⵣⵎⵎⴰⵔ ⵉⵎⵣⴰⵔⴰⵢⵏ ⴷ ⵜⵓⴳⵜ ⵏ ⵜⵉⵏⴰⵡⵉⵏ ⵏ ⵎⵔⴰⵡ ⵉⵎⵏⵀⴰⵍⵏ.

ⴰⴼⵔⴰⵏ ⵏ ⵓⵙⵖⴰⵡⵙⴰ ⵏ co-model ⵓⵔ ⵉⴳⵉ ⵖⴰⵙ ⴰⵎⵓⵙⵙⵓ ⴰⵙⵜⵔⴰⵜⵉⵊⵉ ⵉ Deriv. ⴰⴷ ⵢⴰⵙⵉ ⵜⴰⵙⵓⵖⵍⵜ ⴰⴷ ⵜⴷⵓⴱⴱⵔ ⵉⴳⵔⴰⵏ ⵉⵎⵣⴰⵔⴰⵢⵏ ⴷ ⵜⵡⵓⵔⵉ ⵜⴰⵏⵎⵓⵔⵜ ⴳ ⵜⵉⴼⵔⴰⵏⵉⵏ ⵉⵎⵃⵜⴰⵢⵏ ⴰⴼⴰⴷ ⴰⴷ ⵉⴳⴳⴰ ⵜⴰⵡⵓⵔⵉ ⵜⵓⵇⵇⵏⵓⵔⵜ. ⴰⵙⵖⴰⵡⵙⴰ ⴰⴷ ⵏ ⵓⵏⵀⴰⵍ ⵙ ⵙⵉⵏ ⵉⵜⵜⴰⵔⵔⴰ ⴷⴰⵖ ⴰⵙⴰⵜⴰⵍ ⵎⴰⵏⵉ ⵓⵎⵢⴰⵎⴰⵏ ⴷ ⵜⵉⵏⴰⵡⵜ ⵜⴰⵎⵛⵔⴰⴽⵜ ⴳⴰⵏ ⵜⵉⵖⴰⵡⵙⵉⵡⵉⵏ ⵉⵎⵓⵢⵏ, ⴷ ⵉⵙⵡⵓⵙⵙⵓ ⴰⴷⵙⵜⵓⵕ ⵏ ⵉⵎⴷⴰⵏⵏ ⴷ ⵓⵔⵎⵓⴷ ⴰⵎⵛⵜⴰⴽ.

‍Jean-Yves Sireau, Founder ⴷ co-CEO ⵏ Deriv, ⵉⵏⵏⴰ: “Rakshit ⵉⴳⴰ ⴰⵎⵏⵀⴰⵍ ⴰⵎⵇⵇⵕⴰⵏ ⵙ ⵜⴰⵙⵙⵏⵜ ⵜⴰⵔⵚⵉⵏⵜ ⵏ ⵜⵡⵓⵔⵉ ⵏ Deriv, ⴷⴰⵖⵏ ⴰⵙⵙⴰⴳ ⵏⵏⵙ ⵖⵔ co-CEO ⵉⴳⴰ ⴰⵏⴽⵔⴰⵔ ⴰⵏⴰⵎⵓⵔ ⵉⵅⴼ ⵏⵏⵖ. ⵉⵛⴰⴱⵀ ⵖⵔ ⵓⵎⵢⴰⵡⴰⵙ ⵉⵜⵜⵢⵜⵡⴰⵍⴰⵏ ⴳ pair programming—ⴰⵙⵏⴼⵍ ⵉⴼⵓⵍⴽⵉⵏ ⵏ ⵜⵉⵖⴰⵡⵙⵉⵡⵉⵏ ⴷ ⵓⵎⵢⴰⵡⴰⵙ ⵉⴼⵓⵍⴽⵉⵏ ⵏ ⵉⵎⵏⵉⴷⵏ.

“ⴰⵏⵏⴼⴰⵍ ⵏ Deriv ⵖⵔ 25 ⵉⴳⴰ ⵉⵎⵉⴽ ⵏ ⵓⵙⵎⴷⵉⵙ. ⴰⵙⵙⴰⵢⵏⵓ ⵏ ⵓⵙⵖⴰⵡⵙⴰ ⵏⵏⵖ ⵏ ⵓⵏⵀⴰⵍ ⵢⵙⵙⵉⵡⴹ ⴰⵖ ⴰⴷ ⵏⵙⴽⵔ ⴰⵙⵉⵏⴰⴳ ⴰⵎⴰⵢⵏⵓ ⵏ ⵜⵡⵓⵔⵉ ⵏ Deriv, ⵉⵜⵜⵥⴰⵍⴰⵏ ⵖⴼ ⵓⵙⵎⵖⵔ ⴳ ⵓⵎⴰⴹⴰⵍ ⴷ ⵓⵎⵢⴰⵡⴰⵙ ⵓⵎⵥⵥⴰⵏ ⴷ ⵉⵙⵓⵇⵇⴰ ⵉⵎⵣⴰⵔⴰⵢⵏ. ⵜⴰⵔⵙⴰⵍ ⴰⴷ ⵏ ⵓⵏⵀⴰⵍ ⵙ ⵙⵉⵏ ⵉⵜⵜⴰⵔⵔⴰ Deriv ⵉⵜⵜⵓⵙⵏⵓⴱⴳⵏ ⴷ ⵉⵎⵔⵡⴰⵙⵏ ⵖⴼ ⵜⵡⵓⵔⵉ ⵜⴰⴼⵓⵍⴽⵉⵜ ⵉ ⵉⵎⵙⵙⵖⵏ ⴷ ⵜⵉⵎⵢⴰⵡⴰⵙⵉⵏ ⵉⵊⵀⴷⵏ.”

‍Choudhary, ⵉⵍⵍⴰⵏ ⵙ ⵓⵙⵍⵓⴳⵏ ⵏ Master ⵙⴳ Georgia Institute of Technology, ⵉⴽⵛⵎ Deriv ⴳ 2009 ⴷⴰⵜⵉ Quantitative Analyst, ⵉⴳ ⴷⴰⵖⵏ Head of Quantitative Development & Research. ⴰⵎⴰⵙⴰⵢ ⵏⵏⵙ ⵉⵜⵜⵓⴳⴳⵓⵙ ⴳ Deriv ⵉⴳⴰ Head of Product Development ⴷⴰⵜ ⵏ ⵓⵙⵙⴰⵍⵉ ⵏⵏⵙ ⵖⵔ COO ⴳ 2018.

‍Rakshit Choudhary ⵢⵛⴰⵕⴽ ⵜⵉⵇⵇⵉⵙⵉⵏ ⵏⵏⵙ ⵖⴼ ⵓⵎⴰⵙⴰⵢ ⴰⵎⴰⵢⵏⵓ ⵏⵏⵙ: “ⵓⴼⵉⵖ ⴰⵙⵎⵎⵓⵙ ⴰⴷ ⴳⵉⵖ ⴰⵊⵓⵊ ⴳ ⵓⵎⵙⵖⵔ ⴷ ⵓⵙⵏⴼⵍ ⵉⵎⵇⵇⵕⴰⵏⵏ ⵏ Deriv ⵢⴰⴹⵏⵉⵏ 14 ⵉⵙⴳⴳⵯⴰⵙⵏ ⵉⵣⵔⵉⵏ, ⵙⵡⴰⵍⴰⵖ ⵙ ⵜⵉⵟⵟⴰⵡⵉⵏ ⵉⵏⵓ ⴰⴳⵓⵔ ⵏⵏⵙ ⵏ ⵓⵙⴳⴳⵯⵎ ⵏ ⵓⵙⵙⴰⵖ ⵉ ⴽⵓ ⵢⴰⵏ ⴳ ⴽⵓ ⴰⵏⴷⴰ. ⴳ ⵓⵎⵎⴰⵙ ⵏ ⵡⴰⵢⴰ, ⵉⵍⵍⴰ ⵓⵥⵉⵍ ⵖⴼ ⵓⴳⴳⵯⵎ ⵏ ⵜⵓⵙⵙⵏⴰ ⵜⴰⵎⴰⵢⵏⵓⵜ, ⵜⴰⵎⴰⴳⵓⵜ, ⴷ ⵜⵡⵓⵊⴷⴰ. ⵜⵜⵕⴰⵊⵓⵖ ⴰⴷ ⴽⵎⵎⵍⵖ ⴰⵙⵎⵖⵔ ⵏ ⵜⵡⵓⵔⵉ ⵏ Deriv ⴳ ⵓⵎⴰⴹⴰⵍ ⴳ ⵓⵎⵢⴰⵡⴰⵙ ⴷ Jean-Yves, ⴰⴽⴷ ⵏⵙⵙⵉⵡⴹ ⵜⴰⵙⵓⵖⵍⵜ ⵖⵔ 25 ⵉⵙⴳⴳⵯⴰⵙⵏ ⵢⴰⴹⵏⵉⵏ ⵏ ⵓⵎⵓⵢⴰⵡⴰⵙ.”

‍Deriv ⵜⵙⵙⴰⵢⵏⵓ ⴷⴰⵖⵏ ⵖⵔ ⵓⵙⵖⴰⵡⵙⴰ ⵏ co-CFO ⴷ Jennice Lourdsamy, ⵉⵍⵍⴰⵏ ⴷⴰⵜ ⵏⵏⵉ Head of Accounts and Payments, ⵢⴰⵙⵉ ⴰⵎⴰⵙⴰⵢ ⵏ ⵓⵏⵀⴰⵍ ⵙ ⵙⵉⵏ ⴰⵎⵎ co-CFO ⴳ ⵓⵎⵢⴰⵡⴰⵙ ⴷ Louise Wolf, CFO ⵉⴷⴷⵓⵔⵏ. ⵜⴰⵏⵏⴰⵢⵜ ⵏ ⵓⵏⵀⴰⵍ ⵙ ⵓⵎⵢⴰⵡⴰⵙ ⵓⵔ ⵜⵡⴹⵙⴰ ⴷⵉ C-level ⵖⴰⵙ. ⵜⵜⵓⵙⵙⵎⵔⴰⵙ ⴳ Deriv ⴷⵖⵉ ⴳ ⴽⵓ ⵉⵎⵏⵉⴷⵏ, ⴳ ⵓⵎⵙⴰⵙⴰ ⴷ ⵜⵉⵖⵉⵜⵙⵉⵡⵉⵏ ⵏ ⵜⵙⵓⵖⵍⵜ: ⵜⴰⵖⵔⵙⴰ, ⵜⴰⵣⵎⵎⴰⵔⵜ, ⴰⵥⵉⵍ ⵖⴼ ⵓⵎⵙⵙⵖ ⴷ ⵜⵡⵓⵔⵉ ⵜⴰⵎⵛⵔⴰⴽⵜ.

Deriv ⵜⵇⵇⵉⵎ ⵜⵥⵉⵍ ⵖⴼ ⵓⴷⵓⵙⵜⵓⵕ ⵏⵏⵙ ⵏ ⵓⵏⵀⴰⵍ ⴰⴼⵓⵍⴽⵉ, ⵉⵜⵜⵓⵙⴽⴰⵔⵏ ⵙ ⵓⵏⴰⴹⵓⵕ ⵉⴼⴰⵡⵏ, ⵜⵓⴳⴳⵣⴰ ⵉⵜⵜⵥⴰⵍⴰⵏ ⵖⴼ ⵉⵎⵏⵉⴷⵏ, ⴰⵙⵙⵍⵎⴷ ⴰⵎⵓⵙⵙⵓ, ⴷ ⵓⵎⵢⴰⵡⴰⵙ ⴷ ⵜⴳⴰⵍⴰ. ⵜⵉⵖⵉⵜⵙⵉⵡⵉⵏ ⴰⴷ ⵜⵜⵓⴳⴳⴰⵏⵜ ⴳ ⵜⵡⵓⵔⵉⵡⵉⵏ ⵏ ⵡⴰⵙⵙ, ⴷ ⵙⵙⵉⵜⵉⵏ ⵉ ⵓⵙⵙⵉⵡⴹ ⵏ ⵜⴰⵙⵙⴰⵢⵜ ⵏ Deriv ⵏ ⵓⵔⵥⵥⵓⵎ ⵏ ⵉⴼⵔⴰⵙⵏ ⵉⵎⴳⴳⵔⴰⵏ ⵏ ⵓⵙⵙⴰⵖ ⴳ ⵓⵎⴰⴹⴰⵍ ⴽⵓ.

‍ⵖⴼ Deriv

‍ⵉⵙ 25 ⵉⵙⴳⴳⵯⴰⵙⵏ, Deriv ⵜⵥⵉⵍ ⵖⴼ ⵓⵔⵥⵥⵓⵎ ⵏ ⵓⵙⵙⴰⵖ ⵖⵔ ⵓⵏⵣⵡⵉ ⵉ ⴽⵓ ⵢⴰⵏ ⴳ ⴽⵓ ⴰⵏⴷⴰ. ⵜⵜⵓⵜⵜⴽⴰⵏ ⵙ ⵓⴳⴳⴰⵔ ⵏ 2.5 ⵉⵎⵍⵢⵓⵏⵏ ⵏ imssaren ⴳ ⵓⵎⴰⴹⴰⵍ, ⵜⴰⵙⵓⵖⵍⵜ ⵜⵜⴰⴽⴼ ⴰⵏⵙⵙⵓⴼⵖ ⵢⴰⵜⵜⵓⵢⵏ ⵏ ⵉⵏⴰⵡⵏ ⵏ ⵓⵙⵙⴰⵖ ⴷ ⵓⴳⴳⴰⵔ ⵏ 200 ⵉⴼⴰⵔⵉⵙⵏ ⴳ ⵉⵙⵓⵇⵇⴰ ⵉⵏⴰⵎⵓⵔⵏ ⵖⴼ ⵉⵙⵉⵜⵏ ⵏⵏⵙ ⵉⵜⵜⵓⵙⵙⵉⵏⵏ ⵉⵜⵜⵓⵙⵉⵥⵉⵏ. ⵙ ⴰⴳⴳⴰⵔ ⵏ 1,400 ⵉⵎⵙⵙⵓⵖⴰⵏ ⴳ ⵓⵎⴰⴹⴰⵍ ⴽⵓ, Deriv ⵜⵙⵙⴰⵢⵏⵓ ⴰⵙⴰⵜⴰⵍ ⵉⵜⵜⵓⵙⵏⵓⴱⴳⵏ ⵉⵙⵙⵎⵖⵓⵔⵏ ⵉⵎⵓⵢⵏ, ⵉⵙⵙⵓⵖⵓⵍⵏ ⴰⵙⵎⵖⵔ ⴰⵎⵔⴰⵔⵓ, ⴷ ⵉⵙⵙⵎⵖⴰⵏ ⴰⵙⵎⵖⵔ ⵏ ⵜⵉⴼⵔⵉⵜ, ⵉⵜⵜⴰⵡⵙⴰⵏ ⴳ ⵓⵙⵓⵀⵏⵉ ⵏ Platinum ⵙⴳ Investors in People.

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