Although an analytical design approach-based digital controller—which is essentially a deadbeat controller—shows zero steady-state error and no intersampling oscillations, it takes a finite number of sampling periods to settle down to a steady-state value. This paper describes the application of a derivative-free Nelder–Mead (N–M) simplex method to the digital controller for retuning of its coefficients intelligently to ensure improved settling and rise times without disturbing the deadbeat controller characteristics (i.e., no ripples between the sampling periods and no steady-state error). A switching-mode buck regulator working at 1 MHz in continuous conduction mode (CCM) is considered as a plant. Numerical simulation results depict that the N–M algorithm-based optimized digital controller not only shows improved steady-state and transient performance but also guarantees rigorous robustness against model uncertainty and disturbance as compared to its traditional counterpart, as well as the other optimized digital controller fine-tuned through other derivative-free metaheuristic optimization techniques, such as the genetic algorithm (GA). A system generator-based hardware software co-simulation is also performed to validate the simulation results.