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nCino Announces New CEO and Strategic Leadership Change

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nCino Announces New CEO and Strategic Leadership Change

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nCino ( (NCNO) ) has provided an update.

On February 1, 2025, Sean Desmond was appointed as the new CEO of nCino, Inc., succeeding Pierre Naudé, who transitioned to the role of Executive Chairman. This leadership change is expected to drive nCino’s next phase of growth and innovation, leveraging Desmond’s expertise in scaling large organizations and his forward-thinking approach to product innovation. Desmond, who has been with nCino since 2013, will focus on delivering data-driven experiences through the company’s intelligent platform, aiming for global market growth. The company reaffirmed its fiscal guidance for 2025, indicating stability and continued strategic direction under the new leadership.

More about nCino

nCino, Inc. is a leading provider of intelligent banking solutions, focused on digitizing and reengineering business processes for financial institutions worldwide. With over 1,800 customers, including community banks, credit unions, and major global financial entities, nCino integrates artificial intelligence and actionable insights to enhance decision-making, risk management, and customer satisfaction.

YTD Price Performance: 1.80%

Average Trading Volume: 1,235,097

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $3.94B

Find detailed analytics on NCNO stock on TipRanks’ Stock Analysis page.

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