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NCB Group

NCB Group was an investment bank based in Dublin, Ireland. Founded by Dermot Desmond, NCB firmly established its reputation by sponsoring a yacht NCB Ireland in the 1989 Whitbread Round-the-world yacht race, now the Volvo Ocean Race. It was taken over by Investec and rebranded in 2013.2 Wikipedia text CC BY-SA 4.0

Last updated Oct 21, 2026.

Overview

1981Founded1
  • Industryinvestment bank1
  • HeadquartersDublin1
  • Websitewww.ncb.ie

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NCB Group was an investment bank based in Dublin, Ireland. Founded by Dermot Desmond, NCB firmly established its reputation by sponsoring a yacht NCB Ireland in the 1989 Whitbread Round-the-world yacht race, now the Volvo Ocean Race.2

The story

Founded by Dermot Desmond in 1981.1

During the 1980s after Ireland's two biggest banks Allied Irish Banks and Bank of Ireland took interests in stockbroking firms, NCB was sold to Ulster Bank, a subsidiary of National Westminster Bank.

After National Westminster was taken over by the Royal Bank of Scotland, NCB was bought out by its management with the assistance of Sean Quinn.

NCB sold its money broking arm to management and employees in 2004.

Investors in a fund started by the venture capital arm of NCB, NCB Ventures, realized a 75% return on their investment when the fund closed in 2006.

From Wikipedia’s article on NCB Group, shared under CC BY-SA 4.0.3

Leadership

Who has led NCB Group, and when. Pick a name to see everywhere that person has worked.

Timeline

  1. 1981Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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