Abstract Intracellular calcium (Ca 2+ ) is crucial for signal transduction in Cryptococcus neoformans , the major cause of fatal fungal meningitis. The calcineurin pathway is the only Ca 2+ -requiring signalling cascade implicated in cryptococcal stress adaptation and virulence, with Ca 2+ -binding mediated by the EF-hand domains of the Ca 2+ sensor protein calmodulin. In this study, we identified the cryptococcal ortholog of neuronal calcium sensor-1 (Ncs1) as a member of the EF-hand superfamily. We demonstrated that Ncs1 has a role in Ca 2+ homeostasis under stress and non-stress conditions, as the ncs1Δ mutant is sensitive to a high Ca 2+ concentration and has an elevated basal Ca 2+ level that correlates with increased expression of the Ca 2+ transporter genes, CCH1 and MID1 . Furthermore, NCS1 expression is induced by Ca 2+ , with the Ncs1 protein adopting a punctate subcellular distribution. We also demonstrate that, in contrast to Saccharomyces cerevisiae , NCS1 expression in C. neoformans is regulated by the calcineurin pathway via the transcription factor Crz1, as NCS1 expression is reduced by FK506 treatment and CRZ1 deletion. Moreover, the ncs1Δ mutant shares a high temperature and high Ca 2+ sensitivity phenotype with the calcineurin and calmodulin mutants ( cna1 Δ and cam1Δ ) and the NCS1 promoter contains two calcineurin/Crz1-dependent response elements (CDRE1). Ncs1-deficency coincided with reduced growth, characterized by delayed bud emergence and aberrant cell division, and hypovirulence in a mouse infection model. In summary, our data shows that Ncs1 plays distinct roles in Ca 2+ sensing in C. neoformans despite widespread functional conservation of Ncs1 and other regulators of Ca 2+ homeostasis. Importance Cryptococcus neoformans is the major cause of fungal meningitis in HIV infected patients. Several studies have highlighted the important contribution of Ca 2+ signalling and homeostasis to the virulence of C. neoformans . Here, we identify the cryptococcal ortholog of neuronal calcium sensor-1 (Ncs1) and demonstrate its role in Ca 2+ homeostasis, bud emergence, cell cycle progression and virulence. We also show that Ncs1 function is regulated by the calcineurin/Crz1 signalling cascade. Our work provides evidence of a link between Ca 2+ homeostasis and cell cycle progression in C. neoformans .