FINEOS Appoints Isabel Hudson to Board of Directors

Ireland’s FINEOS Corporation, a leading innovator of banking and insurance software, announced the appointment of Isabel Hudson to its board as a non-executive director.

“Hudson brings to FINEOS more than 20 years of senior-level experience in international financial services, working with a number of leading institutions. She currently holds the position of Corporate Development Director with Prudential in the UK, whom she joined in June 2002. Hudson is also Chairperson of the Board of Directors of Prudential International Assurance (PIA),” said the bulletin.

Prior to joining Prudential, Hudson spent over two years as CFO and Executive Director, based in Paris, of the Amsterdam-based Eureko B.V. consortium, “with the specific brief to restructure the company, develop its acquisition strategy and prepare it for an initial public offering (IPO). She has also held a number of senior executive roles with other leading financial institutions, including Development Director with GE Insurance (London) and Head of European Development and Operations for Lloyds of London” the announcement continued.

Commenting on the appointment, Michael Kelly, CEO, FINEOS, stated: “Isabel makes a terrific addition to our board. She has an outstanding track record, a wealth of corporate development experience and deep, global sector knowledge. As FINEOS’s markets change and evolve, we believe Isabel’s contribution to improving our competitive position will be substantial and we look forward to her help and guidance in driving the business forward.”

Hudson indicated: “I am delighted to join FINEOS at such an exciting point in the company’s development and I look forward to working with the company to further increase its global presence. The market is tough today and financial institutions need to adapt to more flexible and efficient systems to increase efficiency and reduce costs. FINEOS is a young company with the drive and determination to deliver to these requirements and succeed on a global basis.”