New York Mortgage Trust appoints new president

New York Mortgage Trust (NYMT) has appointed Nicholas Mah as president, effective Jan. 1, 2023.

Elected by the company’s board of directors, Mah was promoted from managing director to president and will report to chief executive Jason Serrano. Mah joined NYMT in July 2018 and was responsible for portfolio management of mortgage securities and whole loans.

Before NYMT, Mah was a portfolio manager and managing director at Oak Hill Advisors, where he was one of the founding members of the firm’s mortgage business. Prior to that, he worked as a senior investment analyst at The Blackstone Group and Fortress Investment Group.