Derek started his career with Macquarie Bank where he was involved in designing derivative products; and trading options and futures in bonds, bullion and the energy markets. After completing his MBA, he joined Accenture as a Strategy Consultant in financial services and energy markets.In 1999 Derek established iVentures Capital to take advantage of software technology and innovation opportunities in the energy markets.
Derek raised funds to establish PowerEx an online power exchange for energy suppliers, generators and suppliers which he sold to Amsterdam Power Exchange to facilitate their entry into the UK energy markets. He acquired Beond in 2003 and has since worked on developing its services, servicing its clients and building its team. He is the Chairman of West London Sustainability and Climate Change Commission.