nCino, a banking solutions provider, has appointed Sean Desmond as its new President and Chief Executive Officer. Desmond will also join the company’s Board of Directors, succeeding Pierre Naudé, who will remain actively involved as Executive Chairman to support the transition. The company’s Board, led by a structured succession planning process, selected Desmond based on his extensive experience in scaling multinational organizations and his expertise in product innovation through artificial intelligence and data. Desmond, who has been with nCino since 2013, previously served as Chief Customer Success Officer and most recently as Chief Product Officer, overseeing a significant portion of the company’s workforce.
Expressing his enthusiasm for the new role, Desmond stated, “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.” Naudé praised Desmond and said, “Sean’s vision for an AI and data-enabled platform with intelligence everywhere, along with his strong appreciation for customers, partners, and employees, sets a clear and exciting path as nCino continues to lead and evolve in a rapidly changing financial services industry. I am confident he is the right person to guide nCino forward, and I'm excited about this new era for the Company.”