State Bank of India UK has appointed Iain Smith to the role of head of intermediary.

Smith joins from Bank of Ireland where he was head of intermediaries. He earlier spent 23 years at Yorkshire Building Society and seven years as sales director at Accord.

In his new role at SBI UK, Smith will work towards strengthening the intermediary-focused sales support structure to better serve brokers.

He will be responsible for managing the sales teams dealing with intermediaries placing buy-to-let business with SBI UK and leading the growth of the BTL mortgages business. 

Smith says: “I am delighted to be stepping into this new opportunity with SBI UK. Enabling SBI UK to take the next steps into a new period of growth following its centenary of operations in the UK is my number-one priority.”

SBI UK chief business officer Abhishek Sahay says: “We are very excited to have Iain join us as the head of intermediaries. Buy-to-let continues to be a very competitive space and we are keen to increase our impact in this market. To meet our growth ambitions for 2022 & beyond, it is important to have the strongest possible team to support our distribution partners. Iain has the experience & expertise to lead our presence in the intermediary space.”