The Board of Directors of Oracle Financial Services Software Limited approved the appointment of Mr. Simon de Montfort Walker as an Additional Director, effective February 25, 2026. The board also immediately reconstituted the Nomination and Remuneration Committee, effective February 26, 2026, welcoming the newly appointed director to the committee. Mr. Walker’s appointment is subject to shareholder approval via postal ballot.
Key Board Decisions Announced
At its meeting held on February 25, 2026, the Board of Directors of Oracle Financial Services Software Limited approved two major corporate actions, as detailed in the mandatory disclosure filing.
Appointment of Additional Director
The board approved the appointment of Mr. Simon de Montfort Walker (DIN: 11549486) as an Additional Director. This appointment, made based on the recommendation of the Nomination and Remuneration Committee, is effective starting February 25, 2026.
- Capacity: Non-Executive, Non-Independent Director.
- Tenure: Liable to retire by rotation.
- Approval Status: The appointment requires subsequent approval from the Shareholders through a postal ballot.
Mr. Walker is confirmed to not be debarred from holding the office of a director by any regulatory authority.
Reconstitution of Nomination and Remuneration Committee
Effective February 26, 2026, the composition of the Nomination and Remuneration Committee was reconstituted as follows:
| Director | Role |
|---|---|
| Mr. Mrugank Paranjape | Chairperson, Non-Executive, Independent Director |
| Ms. Jane Murphy | Member, Non-Executive, Independent Director |
| Mr. Simon de Montfort Walker | Member, Non-Executive, Non-Independent Director |
Profile Summary: Mr. Simon de Montfort Walker
Mr. Walker currently serves as an Oracle Executive Vice President, Industry Applications, providing leadership across global support, product management, and innovation initiatives for Oracle’s vertical business segments. His focus includes strategy execution and delivering AI-driven, cloud-enabled solutions for sectors such as financial services, hospitality, retail, and utilities.
Prior to his current role, Mr. Walker joined Oracle in 2019 as Senior Vice President, managing the restaurant point of sale business. He also has extensive experience in financial services technology, having served previously as Chief Technology Officer and President of eGate Solutions. He holds a bachelor’s degree in economics from Kings College and a master’s degree from The University of Texas at Austin.
Source: BSE
