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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 (BSE & NSE: NUCLEUS) is the leading provider of lending and transaction banking products to the global financial services industry. Its software powers the operations of more than 150 companies in 50 countries, supporting retail banking, corporate banking, cash management, internet banking, automotive finance and other business areas. Nucleus Software is known for its world-class expertise and innovation in lending and transaction banking technology. It has two flagship products, built on the latest technology:
  • FinnOneTM 10 time winner - World’s Best Selling Lending Solution. 
  • FinnAxiaTM, an integrated global transaction banking solution used by banks worldwide to offer efficient and Innovative global payments and receivables, liquidity management and business internet banking services.
Forward-looking and Cautionary Statements: For risks and uncertainties relating to forward-looking statements, please visit:

For Media related information, please contact:

Rashmi Joshi, Nucleus Software
Phone: +91-9560694654