Business
nCino Announces Appointment of Sean Desmond as President and Chief Executive Officer
Pierre Naudé Appointed Executive Chairman of the BoardWILMINGTON, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of
About this update from Ncino, Inc.
[{"type":"text","content":"Pierre Naudé Appointed Executive Chairman of the BoardWILMINGTON, N.C., Feb. 03, 2025 (GLOBE NEWSWIRE) -- nCino, Inc. (NASDAQ: NCNO), the leading provider of intelligent, best-in-class banking solutions, today announced the appointment of Sean Desmond as President and Chief Executive Officer and as a member of the company’s Board of Directors, effective immediately. Desmond succeeds Pierre Naudé, who will continue to be actively involved in the Company as Executive Chairman of the Board to ensure a smooth transition. “On behalf of the Board, we are pleased to have Sean lead nCino through its next phase of growth and innovation,” said Pamela Kilday, the Company's Lead Independent Director. “After a thoughtful Board-led succession planning process and robust search that thoroughly assessed a large and diverse pool of external and internal candidates, we are confident Sean is the right leader to guide nCino forward. His extensive knowledge of all key facets of our business, paired with his experience scaling large, multi-national organizations, and forward-thinking approach to product innovation through data and AI, will help nCino capture new market opportunities and drive meaningful growth.” “It’s a privilege to be the next President and CEO of nCino,” said Sean Desmond. “nCino is an extraordinary company with best-in-class solutions, a culture of excellence, and a very happy and engaged customer base. This combination of attributes positions us for meaningful growth on a global scale. I’m incredibly honored to work with all the teams to deliver data-driven experiences through our intelligent platform that drive improved outcomes for our customers, and to provide long-term value for our investors.” Desmond added “My focus will be on mobilizing the company to meet the moment – which is to deliver the power of the only platform that stands on the foundation of the richest dataset in fintech, with embedded AI capabilities, to stay true to our mission of transforming financial services through innovation, reputation and speed.” “I am proud of what we have accomplished at nCino over the past 13 years, and it has been a privilege to guide that journey,” said Pierre Naudé. “I’ve seen firsthand how Sean’s leadership and experience has contributed to nCino’s growth and success; he cares deeply about making customers successful and in the ...