CEO Stuart Connolly framed the transition as a response to the rapid emergence of agentic AI, which the company intends to integrate as a core pillar of its platform. To support this pivot, Steven Marconi, formerly the Chief Operating Officer, has been promoted to President and COO. His expanded remit now encompasses oversight of product and client services.
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CloudMargin Taps Nico Busch as CPO Amid Leadership Overhaul
CloudMargin is sharpening its focus on agentic AI with the appointment of fintech veteran Nico Busch as Chief Product Officer. The London-based collateral management firm announced a broader leadership restructure today, elevating existing executives to steer the company through its next phase of product development and market expansion.
Other senior changes include David White taking charge of all revenue growth and client success initiatives, while Miriam Marascio transitions to Chief Client Services Officer. Yasmin Ullah moves from her role as Chief People Officer to become Chief of Staff. Busch, who joins from Xceptor, brings extensive experience in data automation and financial technology, having previously held product leadership roles at Duco and Digital Asset. Reporting directly to Marconi, Busch is tasked with overseeing the firm's AI-native product strategy as CloudMargin looks to extend its reach beyond its current base of 250 global clients.
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