Derrimon Trading Appoints Ian Kelly New CEO

Derrimon Trading Company Limited has announced the appointment of Ian C. Kelly as its new chief executive officer, CEO.

The appointment was effective January 1, 2025.

Mr. Kelly has been with Derrimon since 2011.

The company says he brings a wealth of experience and leadership to the CEO role, having served in pivotal positions such as Group Chief Financial Officer, Executive Director, Divisional Director at Sampars, Corporate Planner, and Finance Director.

Derrimon says this leadership change reflects its commitment to strong corporate governance and its strategic decision to separate the roles of Chairman and CEO.

Derrimon says it also marks an important milestone in the company’s journey as Derrick Cotterell, the visionary who has led Derrimon for 26 years, remains in the position of Executive Chairman.

The company says as Founder and CEO, Mr. Cotterell transformed Derrimon from a small trading operation into a diversified enterprise spanning retail, distribution, manufacturing, and logistics.

Under his leadership, Derrimon became an industry leader in the Jamaican marketplace, known for its innovation, customer focus, and operational excellence.

This announcement comes on the heels of Derrimon’s 25th anniversary.