- Duco’s New CEO: Michael Chin has been appointed as the new CEO of data automation firm Duco, effective from January 23, 2024.
- Leadership Transition: Chin will succeed Christian Nentwich, the founder of Duco, who served as CEO for almost 14 years; Nentwich will continue to be part of the company’s board of directors.
- Leadership Qualities: Nentwich describes Chin as an “experienced operator” and expresses confidence that Chin will elevate the company to the next level.
- Track Record: Duco highlights Chin’s extensive experience in scaling fintech growth companies and expanding product capabilities.
- Company Vision: Chin’s role as CEO involves driving Duco, a UK-headquartered firm, to “reach its full potential” in the financial services industry.
- Chin’s Background: Before joining Duco, Michael Chin served as the CEO of Broadway Technology, a US-based front-office fintech solutions provider, and assumed the role of company head after its acquisition by Bloomberg in October of the previous year.
- Duco’s Services: Founded in 2010 and acquired by Nordic Capital in 2021, Duco offers a no-code platform for data preparation, reconciliation, data quality, and management in financial services, aiming to replace traditional spreadsheets and legacy systems.