Richard is a Chartered Accountant with the Institute of Chartered Accountants of Scotland and has over 20 years’ experience in the financial services sector. Richard was an audit and advisory partner at KPMG working with hedge, private equity and debt fund managers across a range of strategies, such as equity, credit, structured products, global macro, ESG (carbon credit projects and trading), event driven and quantitative investment strategies.
Richard was one of the Financial News 100 Rising Stars of 2009.
Richard’s experience includes: financial statements and regulatory audits; valuation advisory services; consulting on internal processes and controls, business integrations, transactions and forensic projects. Richard’s client have included hedge, private equity and debt funds across the UK, US, Europe and the Middle East, covering a wide range of financial instruments such as private equity, loan instruments, repos, CLOs, ABS and derivatives. Richard also led the regulatory and digital advisory practice, advising clients on regulatory matters as well as trends within ESG and Impact Investing.
Richard led the team that revalued the investment assets for the Bank of Cyprus and Laiki Bank during the Cypriot economic crisis. Richard worked with the Troika (International Monetary Fund, European Commission and European Central Bank) on valuation models used for the restructuring of these Cypriot banks. Richard also assisted with the setting up of UKFI, the company tasked with managing the UK Government’s investments in financial institutions.
Prior to moving to the Cayman Islands, Richard was a Director and COO of the asset management audit practice with KPMG in the UK. Richard also spent 3 years with KPMG in Kuwait. In Kuwait, he helped start the current KPMG practice and worked with sovereign wealth, pension funds and investment managers on audit and consulting projects. Richard also worked with NGOs and non-profit organisations to help rebuild Iraq post the second Gulf war. Richard trained and qualified with KPMG after graduating with honours in Mathematical Statistics and Operational Research from the University of Exeter.