Charting a way out of conflict on a Brehon code
An Irish banker more interested in development now runs an advisory on how to put aid to best effect in conflict-ridden countries
Mark Dempsey believes in getting value for money. Five years ago, he chose armed British security guards working for a small security company in Baghdad, rather than opting for one of the higher-profile, but vastly more expensive teams operating in the Iraqi city.
Unlike some, he does not believe in regaling audiences with war stories: “I was based out of Jordan for two years, travelling into Baghdad each month. I went in November 2008 and finished up in February 2012.
“The worst of the violence had passed by then, and I was well-protected. I found a small British team. The security companies there are required to carry badges on their vehicles identifying themselves, which just makes them more visible. Absolutely daft. I stayed with the team at night and went to my meetings during the day, I lived just outside the Green Zone,” Dempsey, who was brought up on a farm outside Celbridge, Co Kildare, says with little drama.
Following college, Dempsey, whose father, Matt is the respected former editor of the Irish Farmers Journal, worked in Dublin with BNP Paribas and Depfa Bank and in Frankfurt for Eurex, the Futures and Options Exchange*.
More interested in development than banking, Dempsey left to join the Financial Services Volunteer Corps, which was then looking for a country director in India, though that programme was brought to an end when US AID decided to cut spending to the country.
The experience of working with the Iraqi Central Bank illustrated the difficulties faced in such regions: “The problem the bank had was that it wasn’t able to hire people because they have never changed the pay scales. People are leaving, but nobody is coming back.”
Having ended his time with the bank last year, Dempsey mused about future options, though minded to bring the lessons gained in Iraq “about what to do and what not to do” to countries throughout North Africa and the Middle East.
Invited to a conference in Oxford marking the anniversary of the Egyptian uprising, Dempsey says he “kept hearing this Irish voice in the room, [posing] a series of fantastic questions which were always hugely relevant and more often than not, insufficiently addressed”.
The “Irish voice” was Dr Shelley Deane, who had recently left her post as assistant professor of international relations and Middle East politics, specialising in negotiation and peace agreements at Senator George Mitchell’s alma mater, Bowdoin College.
Today, Dempsey, Deane, and a British colleague, Tristan Salmon run Brehon Advisory, which seeks to offer advice on how best to put public and private investment together, along with aid money to best effect in conflict-ridden countries.
* This article was amended on 21/0613 to correct an error.