Richard Gossage


Since returning from Australia in September 2014 where he chaired PwC Australia’s Risk Consulting practice, he set up and is now the Managing Director of Copper Bottom Enterprises. The business focuses on providing mentoring, coaching and executive development services to board members, senior and middle management and those with potential to be tomorrow’s leaders.  He is well known in the FS industry in the UK, Australia, Europe and North America.  After many years in the banking industry, having led global risk functions and front line businesses, and senior roles with the consulting industry, Richard is well placed to advise boards and executive teams on a broad range of banking, risk and governance related issues.

PwC Australia 

Richard was approached by PwC Australia and joined the Firm as a partner to support the FS consulting practice and subsequently lead the Firm’s Risk Consulting Practice.  During this period Richard undertook assignments to support a range of clients with governance, risk and control, operational model, and payments related services, as well as specific regulatory related assignments including cultural assessment, risk management strategy and aligning operating models. Main clients included ANZ, Westpac, HSBC and the Reserve Bank of Australia. Richard also coached and mentored a number of board and executives on a ‘pro bono’ basis

Over the last 10 years Richard took on a number of additional roles including being an NED and Chair of the Group Audit Committee of the Football Association in the UK, an executive director of the RMA in Australia, and was the UK banking representative on the Practitioners Panel of the Committee of European Banking Supervisors during the introduction of Basel II.

Lloyds Banking Group

In 2008 Richard was approached by Lloyds Banking Group and was appointed as the Chief Operations Officer for the Wholesale Division. The role included ensuring the effective management of operations, business resilience, owner of the ‘3 Lines of Defence ‘ model, the management of third party suppliers, contractual negotiation and performance management issues.  In addition during this period, Richard acted as the interim CEO role for the Products & Markets business though the GFC, a time of unprecedented turmoil in the financial markets. In 2009, Lloyds was asked to rescue a failing UK bank and Richard led the first phase of the integration of the wholesale banks.


In 1997 Richard moved to the NatWest Group and became the Group Head of Internal Audit. Upon the takeover of NatWest by the Royal Bank of Scotland , Richard integrated the two internal audit functions and acted as the Group Head of Internal Audit for the enlarged RBS Group. Richard became the Group Chief Risk Officer in 2001 and led the Group’s 4000 strong risk community, responsible for credit, market, operational and regulatory risk.  During this time Richard supported 22 acquisitions across North America, Europe and Asia; particularly China. In late 2006 Richard developed the strategy for a Global Transactions Service business covering both retail and wholesale markets


Richard spent 10 years with PwC, his last role being partner in the Risk and Internal Audit practice. Richard worked mainly with FS clients undertaking major transformations of 2nd and 3rd Lines of Defence functions. This took Richard to work in Canada, Europe and Asia. During his time with PwC Richard trained as a coach and was a lead trainer on the Firm’s leadership development programmes.