FinanceFeedsBrokers

Deriv Names Rotimi Akinyele CTO as It Targets 75% Workflow…

By Rick Steves

Photo for: Deriv Names Rotimi Akinyele CTO as It Targets 75% Workflow…

AI summary of the source article

Deriv has appointed former Vice President of Security Rotimi Akinyele as Chief Technology Officer. Akinyele will lead the engineering organisation and internal AI initiatives as the company targets automating 75% of manual workflows by the end of 2026.

Why it matters

Chief Executive Rakshit Choudhary stated that "security must underpin the effort to build an AI-native business."

Key facts

  • Deriv appointed Rotimi Akinyele, who joined the firm in July 2024, as Chief Technology Officer.
  • Akinyele will oversee engineering, an internal AI intelligence layer, and a planned agentic software-development process.
  • Deriv has targeted automating 75% of manual workflows by the end of 2026.

Source excerpt · FinanceFeeds

Deriv has appointed Rotimi Akinyele as Chief Technology Officer, putting the former Vice President of Security in charge of the company’s engineering organisation as it expands its AI-first operating model. Akinyele joined Deriv in July 2024 and has since taken on responsibilities spanning security, data and workflow automation across compliance, finance, trading and antifraud. The appointment giv…