Deriv appointed Rotimi Akinyele chief technology officer on 22 October 2026, expanding the remit of an executive who joined as Vice President of Security in July 2024. He will lead engineering and the company’s internal AI and software-development automation work.[1]
Experience and remit described by Deriv
| Stage | Responsibilities |
|---|---|
| Before Deriv | Information-security leadership at Dubai Holding and a government authority in Ras Al Khaimah |
| July 2024 entry | Vice President of Security |
| Subsequent internal roles | Security and Data; automation across Compliance, Data and Finance; then Trading and Antifraud |
| CTO priorities | Engineering, internal AI systems, workflow automation and secure agent access |
Deriv says it aims to automate 75% of manual workflows by the end of 2026. The announcement does not report a current completion percentage or a defined workflow inventory, so the figure is a target rather than an achieved operating result.[1]
The emphasis on security reflects the wider permissions being given to internal automated systems. The announcement concerns how Deriv develops software and runs operations; it does not introduce an AI trading adviser for customers or report independently measured improvements in execution quality.[1]
Sources & further reading
- Deriv appoints Rotimi Akinyele as Chief Technology Officer Deriv · 22 Oct 2026 · Accessed 26 Oct 2026