HSBC UK head of sales, mortgage Intermediaries Richard Beardshaw has been elected as the management committee chair of the Intermediary Mortgage Lenders Association.   

Beardshaw, who has more than 20 years of experience in financial services, will take up his role at the trade body next year, replacing current chair Jeremy Duncombe of Accord Mortgages.   

Beardshaw has worked in his current role at HSBC for more than eight years and has also held posts at Countrywide, Lehman Brothers and Platform. He has served on Imla’s management committee since 2019.  

He will be joined on the management committee by two deputy chairs — Nicola Goldie of Aldermore and Louisa Sedgwick of Paragon.  

The trade body’s other elected directors are — Duncombe, Andy Dean of Nationwide, along with co-opted directors Adrian Moloney of OSB Group and Jonathan Stinton of Coventry for Intermediaries.   

Kate Davies continues as executive director at the association, which is made up of 53 mortgage lenders and 12 associated firms.  

Beardshaw says: “I’d like to thank Jeremy for his three years’ service as chair.   

“I look forward to working with Kate and the directors to continue to support Imla’s membership.”  

Davies adds: “Congratulations to Richard and to all those who have been either elected or co-opted, to those who are returning for a further year and those joining us for the first time.   

“I greatly value their experience and willingness to give up their time to help me run the association.”