Richard Iferenta is a Partner and Vice Chair at KPMG in the UK, where he leads the firm’s Challenger Banking practice. With extensive expertise in tax, regulatory issues, and digital transformation, Richard provides vital support to challenger banks navigating the complex landscape of the financial services sector. He is instrumental in leveraging KPMG’s experience with major banks to help challenger banks overcome a variety of challenges, from assurance and risk to tax and regulatory matters.
A qualified solicitor and Chartered Tax Advisor, Richard’s background includes roles at two other Big Four firms and the law firm Simmons & Simmons. He is a renowned tax practitioner known for simplifying complex issues and delivering innovative solutions to a wide range of tax challenges.
Over his 20-year tenure at KPMG, Richard has led the Financial Services Indirect Tax Practice, advising financial services clients and consulting with UK tax authorities, HM Treasury, and the European Commission on VAT legislation and policy.
Richard has also been a key figure in KPMG’s Challenger Banking practice, offering guidance to emerging financial institutions on navigating tax and regulatory frameworks. His leadership in this area has made him a trusted advisor to many in the sector. Outside of his professional work, Richard is a passionate advocate for diversity and inclusion.
He chairs the Race Diversity Board for Business in the Community, sponsors KPMG’s Afro-Caribbean Network, and established the Black Leaders Network, all while mentoring and supporting young Black professionals.
With a career dedicated to both client service and promoting diversity, Richard Iferenta remains a pivotal figure in the UK’s financial services landscape and a champion for equal opportunity in the workplace.
