Core Insights - NMI Holdings, Inc. has appointed Renu Agrawal as an independent member of its Board of Directors, increasing the board size to ten members [1][2]. Group 1: Appointment Details - Renu Agrawal's appointment is effective immediately, and she brings a proven track record of executive leadership and extensive board experience [2]. - Agrawal currently serves on the boards of First Interstate BancSystem, Inc. and Sunrise Produce, and has previously held board positions at Luther Burbank Corporation and Woodruff Sawyer [2]. - She has over a decade of experience at Wells Fargo in senior executive roles, including Chief Operating Officer & EVP of the Financial Institutions Group [2]. Group 2: Company Overview - NMI Holdings, Inc. is the parent company of National Mortgage Insurance Corporation, which provides private mortgage insurance to enable low-down-payment borrowers to achieve home ownership [3]. - The company protects lenders and investors against losses related to borrower defaults [3].
NMI Holdings, Inc. Appoints Renu Agrawal to Board of Directors