Derek received his award as Most Influential Industry Leader in Beijing in June 2014. Derek discussed the Leasing Foundation’s forthcoming study ‘Redefining the Leasing Industry’ in a programme that included Chinese Government presentations, a discussion of a People’s “Supreme Court judgement defining leasing as a financial product and a presentation by the Chairman of the Beijing Leasing association on the maturing of the leasing industry in China. Derek said “Leasing’s DNA includes many areas that are not considered to be, strictly, ‘leasing’ as it is defined currently. Technologies such as cloud computing, mobile devices, and renewables are all part of the future of the industry. There is increased activity amongst manufacturer driven captives who are developing products for multiple users, and new investors are entering the market. We must widen our mindset to embrace new products that share the same DNA.”