Reception for Dermot Desmond
Please join RAIND in congratulating Dermot Desmond
on receiving his honorary doctorate of humanities degree from Michigan State University
Reception to be held May 5th 12:30 - 2:00 PM, 507 Erickson Hall
Please RSVP by May 1st! RSVP by clicking here
Dermot Desmond founded International Investment and Underwriting, based in Dublin, Ireland, in 1995.
Through his private investment company he has a substantial number of investments in a variety of businesses worldwide, including Celtic Football Club, Sandy Lane Hotel Barbados, Glossy Bay Marina in Canouan, Titanic Quarter in Belfast, Rietumu Bank in Riga, Kennady Diamonds and Mountain Province Diamonds. In 2000, Desmond established Daon, a company that designs, develops and markets secure biometrics and identity software technology systems. Daon’s headquarters is based in Washington, D.C.
Previously, Desmond founded National City Brokers in 1981, which he developed into Ireland’s leading independent stockbroker. In 1987 he promoted the establishment of a financial services center in Ireland. Today it is a vibrant part of the Irish economy and is host to half the world’s top 50 banks and top 20 insurance companies.
In 1995, Desmond was invited to become chairperson of a charity called “Respect” for one year. The charity was being set up by the Daughters of Charity to raise funds to develop its services to people with intellectual and physical disabilities. Today he still holds that role.
Desmond is the recipient of many accolades over the years from Trinity College Dublin, University College Dublin, Queen’s University Belfast, Irish Chamber of Commerce USA and most recently he was awarded an honorary doctor of humane letters by the University of Massachusetts Medical School.
In addition, Desmond is a trustee of the Chester Beatty Library in Dublin.