Notts County have confirmed the appointment of Shaun Derry as the club's new first-team manager.

Former Magpies midfielder Derry will be assisted by experienced ex-Carlisle boss Greg Abbott and the duo will take charge with immediate effect, preparing the team for this weekend's FA Cup first-round tie against Hartlepool at Victoria Park.

Derry replaces Chris Kiwomya, who left by mutual consent on October 27 after 10 defeats in 13 Sky Bet League One matches left the club bottom of the table.

''When we, as a board, sat down to identify the credentials that we were looking for in our next manager, we were agreed that we needed someone who understood this club and what it means to our fans,'' Notts County chairman Ray Trew said.

"I have to be honest and admit that Shaun wasn't someone we had thought of initially, but that was only because he was still enjoying a successful career as a player at a higher level.

"However, when he contacted me to declare an interest in the position he was an applicant we simply couldn't ignore.

''What he has achieved as a player, coupled with the leadership he has shown throughout his career, make him the ideal candidate for a managerial role and he made it clear that he wanted that role to be with his hometown club.

"There are question marks over his credentials, simply because this will be his first managerial role, I know that, but there are doubts with every managerial appointment and we, as a board, have to put our faith in who we think is the right man for the job.

"Shaun is someone who can relate to the players and, perhaps more importantly, relate to this club, but he is not naive enough to think that he could take this step alone.

"That is why he has turned to Greg Abbott, a man with a wealth of experience in the Football League, as a coach and manager, and someone he has worked with in the past, to assist him in his new role.

''Having met with them both at length I am confident they have what it takes to not only turn our fortunes around this season, but to go on and deliver the success and stability that we are craving here at Meadow Lane."

Derry returns to the club where his professional career began to take his first step in management.

The 35-year-old, who was part of County's Division Three title-winning team in 1998, was still under contract as a player at QPR until next summer and was on loan at Rangers' Championship rivals Millwall, where he was scheduled to remain until January 1 2014.

He spent Wednesday morning finalising the termination of his contract at QPR.

Both London clubs refused to stand in the way of Derry's opportunity to test himself in management.

Abbott, a close friend of Derry from their time together at Leeds, makes a swift return to the dugout just two months after losing his job at Carlisle.

The 49-year-old was in charge at Brunton Park for almost five years and guided the club to Johnstone's Paint Trophy success in 2011.

Development manager Steve Hodge has overseen a home victory against Oldham and an away defeat to Coventry in his two games as caretaker manager since Kiwomya's departure.