Derek started his career with Macquarie Bank where he was involved in designing derivative products,and trading options and futures in the bonds, bullion and 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 internet technology opportunities in the energy markets. He raised funds to establish PowerEx an online power exchange for energy suppliers, generators and suppliers which he sold to Amsterdam Power Exchange for their entry into the UK energy markets.
Derek then acquired BuyENERGYonline which he now runs, set up EnCentric, an IT business, with joint venture partners and established Eclipse Energy to trade and supply energy.