Richard joined KPMG in 1983 and became a partner in 1997. In his 34 years with the firm, he rose to become KPMG’s global head of restructuring, leading a number of high-profile complex engagements including the administrations of Alpari (UK) Limited and Connaught plc. In 2009, he was appointed special administrator of Dunfermline Building Society in the first use of the UK’s Special Resolution Regime introduced by the UK Banking Act 2009. He also led the Special Administration of MF Global, the first use of the UK’s Special Administration Regime for Investment Banks.

After retiring from the KPMG partnership in 2017, Richard spent two years at Steinhoff International as Chief Restructuring Officer and director of various group entities.

Richard re-joins KPMG’s Core Insolvency team based in London, headed by Jim Tucker.

Blair Nimmo, head of Restructuring for KPMG, said: “Richard has an unparalleled track record as one of the world’s leading corporate restructuring experts, so I am delighted to bring him back on board. This is a fascinating time for both our industry and our business, and I know that Richard will significantly add to our firepower in the market.”

Richard Heis added: “I am so pleased to return to the fantastic Restructuring team at KPMG at what is a pivotal time for the business. I will be full-time in the market working with old friends, contacts and colleagues. I’m very grateful to all involved with Steinhoff International for my time with them over the past two years, and I look forward to using the many lessons learned going forward. It’s great to be back!”

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About KPMG

KPMG LLP, a UK limited liability partnership, operates from 21 offices across the UK with approximately 17,600 partners and staff.  The UK firm recorded a revenue of £2.40 billion in the year ended 30 September 2019.

KPMG is a global organization of independent professional services firms providing Audit, Tax and Advisory services. It operates in 147 countries and territories and has more than 219,000 people working in member firms around the world. Each KPMG firm is a legally distinct and separate entity and describes itself as such. KPMG International Limited is a private English company limited by guarantee. KPMG International Limited and its related entities do not provide services to clients.