Rakshit Choudhary : de directeur des opérations à co-PDG de Deriv

  • Rakshit Choudhary, promu co-PDG, collaborera avec le fondateur et PDG Jean-Yves Sireau
  • Deriv donne un coup de neuf à son modèle de leadership à l’approche de la célébration de son 25e anniversaire
Rakshit Choudhary : de directeur des opérations à co-PDG de Deriv

Rakshit Choudhary, co-CEO of Deriv

Rakshit Choudhary, co-PDG de Deriv

CYBERJAYA, Malaysia, 26 avr. 2024 (GLOBE NEWSWIRE) — À l’approche de son 25e anniversaire, qui est un moment marquant pour cette entreprise de trading en ligne, Deriv a annoncé la promotion de Rakshit Choudhary du poste de directeur des opérations (COO) à celui de co-Président-directeur général (co-PDG). Ce modèle de co-leadership permettra de tirer parti des différentes forces et des diverses approches des deux dirigeants.

Le choix d’un tel modèle n’a pas uniquement une visée stratégique pour Deriv. Il permet à l’organisation d’intégrer des points de vue divers et le travail d’équipe à la prise de décisions critiques, afin de maintenir l’agilité de l’entreprise. Ce double cadre de leadership contribuera également à créer un environnement où le respect réciproque et la responsabilité partagée constituent la norme, et où l’autonomie individuelle est équilibrée par une vision collective.

D’après Jean-Yves Sireau, fondateur et co-PDG de Deriv : « Rakshit a l’étoffe du leader qui comprend parfaitement la vision de Deriv. Sa promotion au poste de co-PDG va donc de soi. C’est comme cette synergie que l’on observe dans la programmation en binôme, cela améliore la prise de décision et l’alignement des objectifs. »

« Le 25e anniversaire de Deriv marque un moment de réflexion. Renouveler notre modèle de leadership nous permet de passer à la phase supérieure de l’activité de Deriv, qui est axée sur une expansion mondiale et un engagement plus profond avec des marchés diversifiés. Cette double approche de leadership permet à Deriv de rester innovant et de s’engager en faveur d’un excellent service client et de partenariats solides. »

Choudhary, qui est titulaire d’une maîtrise obtenue au Georgia Institute of Technology, a occupé depuis 2009 les postes de spécialiste de l’analyse quantitative, puis responsable du développement quantitatif et de la recherche à Deriv. Il a ensuite occupé le poste de responsable du développement de produits avant d’être promu directeur des opérations en 2018.

Rakshit Choudhary fait part de ses impressions : « Participer directement, ces 14 dernières années, à la croissance et à l’évolution incroyables de Deriv, qui est resté fidèle à sa mission consistant à rendre le trading accessible à tous et partout, fut un privilège inédit pour moi. Au cœur de cette mission se trouve la volonté de rester innovant, sûr et accessible. C’est avec plaisir que continuerai à développer les activités de Deriv à l’échelle mondiale aux côtés de Jean-Yves, afin d’accompagner l’entreprise au cours de ses 25 prochaines années de succès. »

Deriv est également passée à un modèle de co-directrice financière, Jennice Lourdsamy, précédemment responsable des comptes et des paiements, assumant un double rôle de leadership en tant que co-directrice financière aux côtés de Louise Wolf, l’actuelle directrice financière. Le co-leadership ne se limite pas aux postes de direction. Chez Deriv, elle s’étend à tous les niveaux de l’entreprise et cadre avec ses valeurs que sont l’intégrité, la compétence, l’orientation client et l’esprit d’équipe.

Deriv reste fidèle à ses principes d’excellence en matière de leadership, marqués par une vision claire, des approches axées sur les résultats, un apprentissage continu et une propension à l’action. Ces principes alimentent les opérations quotidiennes et sont essentiels à la réalisation de la mission de Deriv : rendre les solutions de trading de pointe accessibles dans le monde entier.

À propos de Deriv

Depuis 25 ans, Deriv s’attèle à rendre le trading en ligne accessible à tous et partout. Constituée aujourd’hui d’un réseau comptant plus de 2,5 millions de traders dans le monde, la société fournit une riche gamme de types de contrat. En outre, elle propose fièrement plus de 200 actifs sur des marchés populaires à partir de ses plateformes de trading primées et intuitives. Deriv a su développer une culture au sein de ses bureaux, comptant plus de 1 300 employés répartis dans le monde, qui célèbre les réalisations, encourage la croissance professionnelle et favorise le développement des talents, ce qui justifie son accréditation Platinum délivrée par Investors in People.

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Deriv promotes Rakshit Choudhary from COO to co-CEO

Rakshit Choudhary promoted to co-CEO

Deriv promotes Rakshit Choudhary from COO to co-CEO

  • Rakshit Choudhary promoted to co-CEO, partnering with Founder and CEO Jean-Yves Sireau
  • Deriv refreshes its leadership model as it gets set to celebrate its 25th anniversary

    Rakshit Choudhary, co-CEO of Deriv

Rakshit Choudhary, co-CEO of Deriv

CYBERJAYA, Malaysia, April 26, 2024 (GLOBE NEWSWIRE) — In a significant move for the online trading company, as it approaches its 25th anniversary, Deriv has announced the promotion of Rakshit Choudhary from Chief Operating Officer (COO) to co-Chief Executive Officer (co-CEO). The co-CEO model will capitalise on the different strengths and diverse perspectives of both leaders.

Choosing the co-model is not just a strategic move for Deriv. It lets the organisation incorporate diverse viewpoints and teamwork into critical decision-making to keep the business agile. This double leadership framework also creates an environment where reciprocal respect and shared accountability are standard practices and balances individual autonomy with a collective vision.

Jean-Yves Sireau, Founder and co-CEO of Deriv, said: “Rakshit is a great leader with a deep understanding of Deriv’s business, so his move to co-CEO is a natural step forward for us. It is like the synergy you see in pair programming—improved decision-making and better alignment of goals.

“Deriv turning 25 is a moment for reflection. Refreshing our leadership model makes us well-positioned to take on the next phase of Deriv’s business, which is focused on expanding globally and engaging more deeply with diverse markets. This dual leadership approach helps keep Deriv innovative and committed to excellent customer service and strong partnerships.”

Choudhary, who holds a Master’s degree from Georgia Institute of Technology, joined Deriv in 2009 as a Quantitative Analyst and then Head of Quantitative Development & Research. His next role at Deriv was Head of Product Development before his promotion to COO in 2018.

Rakshit Choudhary shared his thoughts on his new role: “I have been lucky to be part of Deriv’s incredible growth and evolution for the last 14 years, witnessing firsthand its mission to make trading accessible to anyone, anywhere. At the centre of this is a focus on staying innovative, secure, and accessible. I look forward to continuing to grow Deriv’s business globally alongside Jean-Yves, as we take the company into another successful 25 years.”

Deriv has also transitioned to a co-CFO model with Jennice Lourdsamy, previously Head of Accounts and Payments taking a double leadership role as co-CFO alongside Louise Wolf, the current CFO. The co-leadership mindset does not end at the C-level. It is practised across Deriv at all levels, in line with the company’s values of integrity, competence, customer focus, and teamwork.

Deriv remains committed to its principles of leadership excellence, marked by clear vision, result-oriented approaches, continuous learning, and a bias for action. These principles are embedded in daily operations and are critical to achieving Deriv’s mission of making advanced trading solutions accessible worldwide.

About Deriv

For 25 years, Deriv has been committed to making online trading accessible to anyone, anywhere. Trusted by over 2.5 million traders worldwide, the company offers an expansive range of trade types and boasts over 200 assets across popular markets on its award-winning, intuitive trading platforms. With a workforce of more than 1,400 people globally, Deriv has cultivated an environment that celebrates achievements, encourages professional growth, and fosters talent development, which is reflected in its Platinum accreditation by Investors in People.

PRESS CONTACT
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A Deriv promove Rakshit Choudhary de COO para co-CEO

Rakshit Choudhary foi promovido a co-CEO da Deriv

A Deriv promove Rakshit Choudhary de COO para co-CEO

  • Rakshit Choudhary foi promovido a co-CEO, juntando-se ao fundador e CEO Jean-Yves Sireau
  • A Deriv atualiza o seu modelo de liderança enquanto se prepara para celebrar o 25º aniversário

Rakshit Choudhary, co-CEO of Deriv

Rakshit Choudhary, co-CEO da Deriv

CYBERJAYA, Malaysia, April 26, 2024 (GLOBE NEWSWIRE) — Num passo significativo para a empresa de negociação online, prestes a celebrar o seu 25º aniversário, a Deriv anunciou que Rakshit Choudhary foi promovido de Diretor de Operações (COO) a Co-Diretor Executivo (co-CEO). O modelo de co-CEO irá capitalizar sobre as diferentes qualidades e perspetivas diversificadas de ambos os líderes.

A adoção deste modelo de colaboração não se resume apenas a um movimento estratégico para a Deriv. Permite à organização incorporar diversos pontos de vista e trabalho de equipa na tomada de decisões críticas para manter a agilidade do negócio. Esta estrutura de liderança dupla também estabelece um ambiente onde o respeito mútuo e a partilha de responsabilidades são práticas habituais que equilibram a autonomia individual com uma visão coletiva.

Jean-Yves Sireau, Fundador e co-CEO da Deriv, declarou: “Rakshit é um líder excecional que possui um vasto conhecimento sobre as operações da Deriv, portanto, a sua nomeação como co-CEO é um passo natural para nós. É semelhante à sinergia observada quando dois programadores colaboram lado a lado num único computador — resultando numa tomada de decisões mais eficaz e num melhor alinhamento de objetivos.”

“O facto de a Deriv comemorar 25 anos é um momento de reflexão. Ao atualizarmos o nosso modelo de liderança, colocamo-nos numa posição vantajosa para enfrentar a próxima fase do negócio da Deriv, que se concentra na expansão global e numa maior interação com diversos mercados. Esta estratégia de liderança colaborativa contribui para manter a Deriv inovadora e comprometida em oferecer um serviço ao cliente excelente e em estabelecer parcerias sólidas.”

Choudhary concluiu o seu mestrado no Georgia Institute of Technology e ingressou na Deriv em 2009 como Analista Quantitativo. Mais tarde, assumiu o papel de Responsável pelo Desenvolvimento Quantitativo e de Investigação. Avançou na empresa para liderar o Desenvolvimento de Produtos antes de ser promovido a COO em 2018.

Rakshit Choudhary partilhou as suas reflexões sobre o seu novo cargo: “Tive a sorte de fazer parte do incrível crescimento e evolução da Deriv nos últimos 14 anos, sendo testemunha direta da sua missão em tornar a negociação acessível a qualquer pessoa, em qualquer lugar. No centro disso está o compromisso contínuo para com a inovação, segurança e acessibilidade. Estou entusiasmado por contribuir para a expansão global dos negócios da Deriv, ao lado de Jean-Yves, enquanto levamos a empresa para outros 25 anos de sucesso.”

A Deriv também adotou o modelo de co-CFO, no qual Jennice Lourdsamy, anteriormente Responsável pelas Contas e Pagamentos, assumiu uma posição de liderança conjunta como co-CFO, ao lado de Louise Wolf, a atual CFO. A mentalidade de co-liderança não termina nos cargos executivos. É praticada em todos os níveis da empresa, em conformidade com os valores fundamentais da empresa de integridade, competência, orientação para o cliente e trabalho de equipa.

A Deriv mantém-se fiel aos seus princípios de liderança de excelência, caracterizados por uma visão clara, abordagens orientadas para resultados, aprendizagem contínua e uma inclinação para a ação. Estes princípios são integrados nas atividades diárias, sendo fundamentais para alcançar a missão da Deriv de tornar as soluções avançadas de negociação acessíveis em todo o mundo.

Sobre a Deriv

Ao longo de 25 anos, a Deriv manteve um compromisso firme de tornar a negociação online acessível a qualquer pessoa, em qualquer lugar. Com a confiança de mais de 2,5 milhões de traders em todo o mundo, a empresa oferece uma ampla variedade de tipos de negociação e disponibiliza mais de 200 ativos em mercados populares nas suas plataformas de negociação premiadas e intuitivas. Com uma força de trabalho de mais de 1.300 pessoas em todo o mundo, a Deriv tem cultivado um ambiente que celebra conquistas, incentiva o crescimento profissional e promove o desenvolvimento de talentos, o que é refletido na sua acreditação Platinum pela Investors in People.

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Former athletics boss pays back the money


Former Athletics South Africa Acting CEO, Terrence Magogodela, has paid back ill-gotten gains he unduly gained from the National Lotteries Commission (NLC) grant funding for a sports facility development.

According to the Special Investigating Unit (SIU), Magogodela agreed to pay back some R388 733,05 after it was found that he signed a funding application to construct athletics tracks in the Northern Cape but used the money to buy property.

‘On the form, he indicated that he was the project coordinator for Inqaba Yokulinda, but he was neither the project coordinator nor a member of [non-profit organisation] Inqaba Yokulinda.

‘The funding application, the business and implementation plan, and an endorsement letter from ASA [Athletics South Africa]were submitted to the NLC. Magogodela channelled the NLC funds towards a property in Gauteng,’ the SIU said.

Following investigations, Magogodela relented to paying back the money.

The SIU also warned that the payment does not shield the former athletics boss f
rom criminal prosecution.

‘Initially, a settlement agreement was reached but Magogodela failed to honour it. This prompted the SIU to approach the Special Tribunal for an application to preserve his Gauteng home. In February 2022, the Special Tribunal granted the SIU a preservation order for Magogodela’s property.

‘Following the full payment made by Magogodela, the SIU will approach the Special Tribunal for an application to discharge his property from the preservation order. However, the settlement agreement does not constitute a full and final settlement between the parties. SIU remains entitled to join Magogodela in any future proceeding and claim appropriate relief from him.

‘The settlement with Magogodela is part of the implementation of the SIU investigation outcomes and consequence management to recover financial losses suffered by State institutions due to negligence or corruption. The settlement agreement does not absolve Magogodela from possible prosecution,’ the SIU said.

Source: South African
Government News Agency

FG to create 2.5m jobs through LEEP

The Federal Government says it plans to create 2.5 million jobs through the Labour Employment Enhancement Programme (LEEP) of the Ministry of Labour and Employment.

Mrs Nkeiruka Onyejeocha, the Minister of State for Labour and Employment, said this at the pre-inauguration ceremony for the LEEP in Abuja.

She said that the programme was aimed at actualising President Bola Tinubu’s Renewed Hope Initiative.

”The LEEP vision is to train and equip 2.5 million people.

‘In Nigeria, youth unemployment remains a pressing issue, with over 13 million young people currently unemployed.

‘According to recent statistics, initiatives like LEEP play a crucial role in providing young people with access to training, employment opportunities, and entrepreneurial support.

‘This will address the challenge of youth unemployment and promote social inclusion.

”The initiative is a comprehensive strategy aimed at addressing key challenges facing our workforce such as job creation, skills development, and migration control,” s
he said.

She said that in a rapidly evolving global landscape, it was imperative to ensure that the Nigerian workforce was equipped with the necessary tools and opportunities to thrive in the digital age.

She said that the LEEP targeted zero hunger, zero poverty economic growth and decent jobs through six strategic initiatives.

She said this included digital skills initiative, vocational entrepreneurship skills programmes, infrastructure upgrade and NELEX upgrade for employment acceleration.

Onyejeocha said that others were global remote work initiatives and labour compliance enhancement.

She urged development partners such as the World Bank, GIZ, the European Union, UNIDO and the Bank of Industry to support the drive.

She said that the support was imperative for the current administration to mitigate the hardship being faced by Nigerians due to the removal of fuel subsidy.

‘We cannot do it alone and so we need to partner with you to help us succeed in the country,’ she said.

Ms Luri Aganetto, the EU
Programme Manager, pledges the readiness of the union to support the initiative for the good of the Nigerian people.

‘We are optimistic and looking forward to cooperate with the Nigerian government on Labour market information system,’ she said. (NAN)

Source: News Agency of Nigeria

U.S. Consulate sponsors 100 youths for vocational, entrepreneurial training

The United States Diplomatic Mission has sponsored 100 youths in Lagos for vocational and entrepreneurial training, aimed at boosting self-reliance.

U.S. Consul General in Lagos, Will Stevens, on Thursday in Lagos, commended the youths for their resilience and determination during the training, emphasising the importance of entrepreneurial skills in the green economy job market.

The News Agency of Nigeria (NAN) reports that the graduands were offered certificates after three months of training at the Field of Skills and Dreams (FSD) Vocational, Technical and Entrepreneurship Training Institute, Agege.

The theme of the event is: ‘Life Entrepreneurship Skills for Green Economy Job’.

‘I know Nigerian citizens are focused, hardworking and unwilling to give up under any circumstances.

‘It’s very rear to see a Nigerian with one job. They work so hard with entrepreneurial skills with credible potential.

‘That’s why the U.S. Consulate is sponsoring the youths in solar energy installations and fashion designers
,’ Steven said.

According to him, the training focuses on helping and equipping the youth with the green economy.

The U.S. Consul General added that vocations and skill acquisitions were what the people needed to be able to succeed in the 21st century.

The most amazing thing in this programme is the incredible entrepreneurial experience of the students with their dedications in promoting themselves and their community.

‘At the same time, seeing that all of them have been gainfully employed, which mean ‘graduating on Friday and starting a job on Monday’ that’s exactly why we are so proud as a consulate to support such programme.

‘We are also determined to tackle the challenges facing Nigerians and showcase our commitments to partnering with Nigeria,’ he added.

Miss Oluwabusolami Yusuf, in her remarks, thanked the U.S. Consulate for sponsoring the vocational training.

‘This is a great opportunity giving to us to be empowered and trained in various entrepreneurial skills.

‘I am sure the programme will go
a long way in making the youth self-reliant in our various fields of training,’ she said.

Mr Muhammed Ibrahim, who was trained in solar energy installations, thanked the consul for helping the grassroots youth to benefit in such quality training.

‘I really appreciate our sponsor and the institution involved.

‘In fact, I really gained a lot in the training because presently, I have submitted three proposals to different clients where I am expecting a positive response from them. (NAN)

Source: News Agency of Nigeria