Nucleus Software, a leading provider of digital lending and transaction banking solutions, has announced the appointment of Surya Prakash Kanodia as its new Chief Financial Officer (CFO), effective May 8, 2024. This strategic move comes as the company positions itself for continued growth and innovation in the global financial services sector.
Surya Prakash Kanodia steps into the role with an impressive background, bringing two decades of post-qualification experience in financial management. His extensive career includes significant tenures at Wipro Limited and Genpact. Most recently, he served as the Head of Finance for the Digital Operations and Platform business at Wipro Limited, where he gained a decade of experience. Kanodia is also a distinguished Chartered Accountant and a Certified Financial Analyst from the United States.
In his new role at Nucleus Software, Kanodia will oversee the company’s financial operations, manage capital markets, and shape portfolio strategies. His responsibilities will include making critical investment and financing decisions, forging strategic alliances, and ensuring meticulous risk management. His expertise in orchestrating significant transactions, overseeing pricing and contract administration, and engaging with key stakeholders is expected to be invaluable as Nucleus Software navigates its expansion plans.
Anurag Mantri, who previously held the additional role of CFO, will continue to serve as the Executive Director and Chief Operating Officer (COO) of the company. This transition allows Mantri to focus more on his responsibilities as COO, while Kanodia takes the helm of the financial strategies.
Vishnu R Dusad, Co-Founder and Managing Director of Nucleus Software, expressed his enthusiasm about the new appointment. “As Nucleus Software charts its course through an era of dynamic growth and innovation, I am thrilled to welcome Surya Prakash Kanodia as our new CFO. Surya brings with him a wealth of financial wisdom and a strategic mindset that will be instrumental in navigating the complexities of our expanding landscape. His appointment marks a significant milestone in our journey and underscores our commitment to driving innovation and sustainable growth through our robust products and services offerings. With Surya joining Nucleus Software, I am confident that we will continue to achieve remarkable accomplishments and propel Nucleus Software to new heights of success,” Dusad stated.
Kanodia expressed his excitement about joining Nucleus Software at this pivotal moment. “With our global expansion plans and our commitment to translating domain expertise into tangible value, I believe that my past experience in end-to-end problem-solving, ensuring optimal and sustainable solutions, along with my ability to understand user requirements and maintain a high first-pass ratio, will significantly accelerate Nucleus Software’s already impressive growth trajectory,” he said.
Nucleus Software’s decision to appoint Kanodia as CFO highlights its focus on strengthening its financial leadership to support its ambitious growth and innovation goals in the competitive financial technology industry.