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Bio
Mr. Dermot Fachtna Desmond founded International Investment & Underwriting Limited (IIU) in 1995 and serves as its Chairman. Prior to IIU, Mr. Desmond established a number of software companies serving the financial services sector. He served as the Chairman of NCB, which he founded in 1981. In 1985 he established Financial Courseware Limited. In 1994 Mr. Desmond sold NCB to the National Westminster Bank (now, The Royal Bank of Scotland). In 1984 he founded Quay Financial Software. Before setting up his own company in 1981, he was employed at Citibank; at the Investment Bank of Ireland; and was a Banking Consultant at Price Waterhouse Coopers on a World Bank Project in Afghanistan between 1979 and 1980. He began his career in 1968 working for Citibank Dublin. Mr. Desmond has been a Member of the Council of JSC Rietumu Banka since September 7, 2005. Mr. Desmond was original promoter of the IFSC. He has been Independent Director of Celtic PLC since May 1995. Mr. Desmond is a Board Member of several companies, charities and educational bodies. He is also a Trustee of the Chester Beatty Library and Desmond is Chairman of Respect. He is a board member of several companies, charities and educational bodies. He has received many Awards and holds a number of Honorary Positions. Mr. Desmond educated at Scoil Mhuire in Marino and at Good Counsel College in New Ross
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Primary Organization
1995
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11-50
Venture Capital, Leisure, Hospitality
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Profile Resume
Dermot Fachtna Desmond is the Founder at International Investment & Underwriting Limited. With a background in Venture Capital, Dermot Fachtna Desmond has a rich history of leadership and innovation. Explore their detailed professional journey, key connections, and contributions to the industry on our platform.
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Shay Garvey
Venture Partner
Albert Wenger
Managing Partner
John O'Farrell
General Partner
Mark Little
CEO and co-founder
Jerry Greenfield
Co-Founder
Investment portfolio
5
3
Personal investment
5
Annouced Date | Organization Name | Funding Round | Money Raised |
---|---|---|---|
Jul 22, 2015 | ChangeX | Seed Round - ChangeX | 437.2K |
Mar 14, 2019 | Datalex | Post-IPO Equity - Datalex | 4.4M |
Mar 14, 2019 | Datalex | Post-IPO Debt - Datalex | 6.9M |
Sep 22, 2023 | Datalex | Post-IPO Debt - Datalex | 5.3M |
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