By Dean Seal
Cloud banking company nCino has promoted its chief product officer to the role of CEO.
The company said Monday that Sean Desmond has taken the top C-suite role and joined the board.
Desmond succeeds Chairman Pierre Naudé, who will continue to be actively involved in the company as executive chairman of the board, nCino said.
Naudé said Desmond's vision for an AI and data-enabled platform that sets nCino on a path to lead the financial services industry.
Desmond joined the company in 2013 as its chief customer success officer. He will be succeeded as chief product officer by Chris Gufford, who has been the executive director and general manager of nCino's commercial banking operation since 2021.
Write to Dean Seal at dean.seal@wsj.com
(END) Dow Jones Newswires
February 03, 2025 07:58 ET (12:58 GMT)
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