WILMINGTON – Wilmington-headquartered nCino, Inc. (NASDAQ: NCNO), has a new executive.
Chris Ainsworth is the company’s first Chief People Officer, the financial technology company said in a statement.
“At nCino, one of our highest priorities and most valuable assets has and will continue to be our people,” said Pierre Naudé, chairman and CEO of nCino. “Chris brings to nCino more than two decades of experience and a proven track record of leading high-performing human resources and talent teams in complex global financial organizations. I am confident his knowledge and perspective will enable us to continue attracting, hiring, developing and retaining the best people in the industry and around the globe.”
The company bought SimpleNexus for $1.2 billion in a deal negotiated last year that closed in January. nCino’s IPO in the middle of 2020 resulted in a 195% jump in the stock price for the company, but in recent months, the company’s stock price has dipped as markets have taken a tumble.
All talent functions
In prior roles, Ainsworth led people functions and teams across multiple sectors, including insurance, cards and payments, banking, and capital markets, the statement noted.
But in the new role, Ainsworth will oversee all of nCino’s talent functions. That includes human resources, recruiting, employee training and enablement, diversity and equity initiatives and programs, and community involvement and philanthropy, the statement noted.
“As I learned about nCino and its incredible journey to becoming the worldwide leader in cloud banking, I have been impressed with their ability to develop and maintain a strong company culture through a solid set of human-centric core values, a clear vision and mission, an unwavering customer service ethic and a high-level of employee respect and empowerment,” said Ainsworth in the statement.
“I’m extremely flattered and excited to be invited to be a part of the nCino team and to contribute to all of the great progress already accomplished across these areas, while also helping the Company innovate and elevate its strategic people functions in new ways.”
The company is hiring 35 positions based in Wilmington, another 31 based in London, about 30 remote-based roles globally, and about a dozen more positions in other locations, according to its careers website.