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Press Release

Nucleus Software Expands its Board of Directors

September 30, 2014 | Press Release
New Delhi, September 30, 2014: Nucleus Software Exports Limited (NSE: NUCLEUS, BSE: 531209), a leading global software product and solutions Company delivering consistent value to mission critical business processes of banking and financial services sector, announced the appointment of Mrs. Elaine Mathias as an Additional Director (Independent Director) on the Board of Directors of the Company with effect from September 20, 2014.

Mrs. Elaine Mathias is a highly reputed professional with thirty four years experience in Bharat Electronics Limited (BEL), Bangalore, a Navratna Company under the Ministry of Defence, Government of India, where she was the Executive Director (Finance). She brings along immense practical knowledge and operational excellence to Nucleus Software Exports Limited. She holds vast experience in various facets of Corporate Finance like Accounts, Taxation, Treasury, Budgeting, Pricing and introduced continuous improvements in systems and procedures in these areas. She also has proficiency in development of various financial systems, operations, risk management, regulatory compliances, strategy implementation, talent management, best practices of corporate governance etc.

Speaking on this occasion Mr. Vishnu R. Dusad, Managing Director & CEO, Nucleus Software, said, “We welcome Mrs. Elaine Mathias to the Board of Directors and look forward to her knowledge and expertise in further strengthening our shareholder value. We are committed to fostering long-term growth and believe that Nucleus Software will benefit immensely from her rich experience. The inclusion of Mrs. Elaine Mathias in the Board is an indicator of our incessant efforts to enhance and develop our core team to help achieve the mission of our Company.”

About Mrs. Elaine Mathias:
Mrs. Elaine Mathias graduated from Sydenham College of Commerce and Economics, Mumbai, with a B.Com (Honours). She has a dual Professional qualification being a Fellow member of the Institute of Chartered Accountants of India and also an Associate member of the Institute of Cost and Works Accountants of India. She served for thirty four years in Bharat Electronics Limited (BEL), Bangalore, a Navratna Company under the Ministry of Defence, Government of India with her last posting as the Executive Director (Finance).

About Nucleus Software

Nucleus Software Exports Ltd. is a publicly traded (BSE: 531209, NSE: NUCLEUS), software product company that provides lending and transaction banking products to global financial leaders.

Nucleus Software powers the operations of more than 200 Financial Institutions in over 50 countries, supporting retail lending, corporate banking, cash management, mobile and internet banking, automotive finance and other business areas. Its products facilitate more than 26 million transactions each day, managing over US $ 500 billion of loans and enabling more than 500,000 users logging in daily.

Nucleus Software’s flagship products, built on the latest technology are:
  • FinnOne NEOTM : The next-generation digital lending solution that is built on an advanced technology platform.
  • FinnAxiaTM : An integrated global transaction banking solution used by banks worldwide.
  • PaySeTM : The world’s first online & offline digital payment solution created with an aim to democratize money.
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For Media related information, please contact:

Sunil Kumar Singh / Kiran Hans Khowal

Finese PR

Phone: +91-9818363518 | +91-8375969143