NMI Holdings Promotes Multiple Executives and Announces COO Retirement

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NMI Holdings Inc. has appointed Norm Fitzgerald, currently the company’s senior vice president and chief sales officer, as executive vice president and chief sales officer, and Mohammad Yousaf, currently the company’s senior vice president and chief business transformation officer, as executive vice president of operations and IT. Both promotions will take effect on January 1, 2022.

In addition to the executive appointments, National MI has announced the retirement of Patrick Mathis, currently the company’s executive vice president and COO, effective April 1, 2022. Mathis joined National MI as chief risk officer in 2012 and assumed responsibility as COO in 2018.

“We are thankful for Pat’s dedication and service to National MI since our inception in 2012,” says CEO Claudia Merkle. “In his nearly 10 years with the company, Pat helped to establish National MI’s risk management function and comprehensive credit risk management framework and has led our operations and IT departments through a period of development and expansion.”

Fitzgerald joined National MI in 2014 and has held critical roles with increasing responsibility in sales leadership during his tenure with the company. He was promoted to senior vice president and chief sales officer in 2020.

“Norm is a talented sales executive with broad experience in the mortgage industry. As chief sales officer, he has led the development and growth of our customer franchise, guided our highly successful digital customer engagement strategy, and driven record NIW performance. I’m looking forward to working with him in his expanded role as an executive leader of National MI,” states Adam Pollitzer, executive vice president and CFO.

Yousaf joined National MI in 2018 and assumed responsibility as senior vice president and chief business transformation officer in 2020.

“Mohammad has deep experience as an operations and IT leader in the mortgage market,” adds Pollitzer. “Since joining National MI, he has helped develop and enhanced our best-in-class IT platform, led our long-term partnership with Tata Consultancy Services, and leveraged technology to advance our digital strategy and efficiently support our operational framework.”

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