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In 2002 Sir Derek Bibby, 2nd baronet, and great-great-grandson of the founder and past chairman and president of the firm, was aged 80 and terminally ill with leukemia.
The son and heir of Sir Francis Kinloch, 2nd Baronet, of Gilmerton, by his spouse Mary, daughter of David Leslie, 1st Lord Newark, he succeeded his father in 1699, and married circa 1705, Mary (d. 2 April 1749, Gilmerton House, East Lothian), daughter and co-heiress of Sir James Rocheid, Baronet, of Inverleith (d. after 1704).