December 12, 2016
Former SEC and PCAOB Regulator Expands Firm’s Investigations & Accounting Capabilities
Dec. 12 2016, Washington, DC – Ankura Consulting Group (Ankura), a business advisory and expert services firm, announced today the appointment of Steven Richards as Senior Managing Director. Based in the firm’s Washington, D.C. office, Mr. Richards will practice within Ankura’s Investigations & Accounting Advisory group.
Mr. Steven Richards joins Ankura as Senior Managing Director with more than 20 years of experience in forensic accounting, corporate investigations, financial reporting and audit regulation, in both the public and private sectors.
He has served as a regulator at both the United States Securities and Exchange Commission (SEC) and the Public Company Accounting Oversight Board (PCAOB), where he was a Special Advisor to the Chairman and Senior Advisor to the Director of Enforcement and Investigations. While at the SEC, Mr. Richards was an Assistant Chief Accountant in the SEC’s Division of Enforcement, where he performed numerous fraud investigations involving accounting, disclosure and audit issues. His expertise spans litigation consulting, complex data analysis, forensic accounting and auditing. Mr. Richards has managed numerous multidisciplinary investigative teams charged with high-profile cases, including one of the largest Ponzi schemes in history.
Mr. Richards joins Ankura from Deloitte LLP, where he was a Partner in the Forensic Advisory practice as well as a Senior Advisory Partner to Deloitte Leadership and Office of General Counsel relating to Audit Regulation and Public Policy matters.
“Steve is a proven professional and a leader in every respect” said Philip Daddona, Co-President of Ankura. “Our firm is focused on collaboration and values. Steve lives these fundamental tenets of our organization. He consistently exhibits his strength of character in his interactions with our people and clients. He is an imaginative strategic thinker who will help our firm continue to innovate and grow and attract the most talented professionals in our industry. We are truly excited to have Steve join the firm.”