Angel Oak Mortgage, Inc. announced that Sreeni Prabhu has been named Chief Executive Officer, effective immediately. Mr. Prabhu currently serves as co-founder, Managing Partner and Group Chief Investment Officer of Angel Oak Capital Advisors, and he will continue in those roles. Mr. Williams will continue to serve in a senior advisory role for the Company during a transition period which is not expected to extend beyond first quarter 2023.

Mr. Prabhu is co-founder, Managing Partner and Group Chief Investment Officer at Angel Oak Capital and is responsible for the overall investment strategy of the firm. He will retain these responsibilities in addition to assuming the Chief Executive Officer and President roles at the Company. Prior to co-founding Angel Oak Capital, he was Chief Investment Officer of the investment portfolio at Washington Mutual Bank in Seattle where he managed a $25 billion portfolio.

He was also part of the macro asset strategy team at the bank. Mr. Prabhu holds a B.B.A. degree in Economics from Georgia College and State University and an M.B.A. in Finance from Georgia State University.