Dermot Desmond

Businessman and financier

Irish Macroom, County Cork, Ireland Leo

Quick Info

ProfessionBusinessman and financier
NationalityIrish
Date of Birth14/08/1950
Age76 years
BirthplaceMacroom, County Cork, Ireland
Zodiac SignLeo

Latest News about Dermot Desmond

12/10/2026

Former Sunderland chief executive Charlie Methven publicly questioned the influence Dermot Desmond exercises at Celtic despite holding a non-executive board seat. Methven argued that Desmond's position as a significant shareholder does not normally allow him to hire and fire managers. He also criticised Desmond's public statement following Brendan Rodgers' resignation in October 2025.

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Bio/Wiki

SummaryIrish businessman and financier, known as the largest individual shareholder of Celtic Football Club and as the founder of stockbroker NCB and investment vehicle International Investment & Underwriting (IIU).
UpbringingGrew up in Marino, Dublin, after his family moved there in 1956.
NicknameThe Kaiser

Educational Qualification(s)

Schools
  • Scoil Mhuire, Marino
  • Good Counsel College, New Ross
NotesLeft formal education in 1968 to begin work at Citibank in Dublin.

Personal Life

ResidenceDublin, Ireland
InterestsGolf

Relationships & More

SpousePat Desmond

Family

SpousePat Desmond
Children4

Career

Early roles
  • Citibank, Dublin
  • Banking consultant for Price Waterhouse in Kabul, Afghanistan
NCBFounded National City Brokers (NCB) in Dublin in 1981; it grew into Ireland's largest independent stockbroker and was sold in 1994.
IFSCRegarded as an original promoter of the International Financial Services Centre in Dublin.
Aer RiantaServed as chairman of the board of Aer Rianta from 1990 and resigned in October 1991.
IIUFounded International Investment & Underwriting in 1995 as his primary investment vehicle.
London City AirportBought the airport in 1995 and sold it in October 2006.
BETDAQFounded Global Betting Exchange (BETDAQ) in 2000; trading began in September 2001.
Celtic FCLargest individual shareholder of Celtic Football Club and a non-executive director of Celtic plc.
Other investments
  • Sandy Lane resort, Barbados (co-owner)
  • Former stake in Manchester United, sold to Malcolm Glazer in 2005
TrusteeshipsTrustee of the Chester Beatty Library

Some Lesser Known Facts

1. Left school at 18 to join Citibank in 1968.
2. Has been described as media-shy despite his prominence in Irish finance.
3. Estimated to be worth around €2.04 billion, according to reporting by the Sunday Independent.
4. Known as 'The Kaiser' for his distinctive moustache and is an avid golfer.

Also born on 14 August

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