Duco names Michael Chin as new CEO as Christian Nentwich steps down
Data automation firm Duco, which provides Software-as-a-Service (SaaS) tools to enable financial institutions to more easily manage complex data sets, has named Michael Chin as its new chief executive officer (CEO), effective 23 January 2024.
Duco hires Michael Chin as new CEO (Image: LinkedIn)
Chin will take over the role from Duco founder Christian Nentwich, who is stepping down after almost 14 years as CEO, although he is set to maintain a position on the firm’s board of directors.
Nentwich describes the company’s new CEO as “an experienced operator” and affirms his belief that Chin will “take us to the next level”.
Duco says Chin has a “long-standing track record” in scaling fintech growth companies and expanding product capabilities, and he will now be responsible for driving the UK-headquartered firm to “reach its full potential”.
Chin previously served as CEO of US-based front-office fintech solutions provider Broadway Technology before transitioning into the role of company head following its acquisition by Bloomberg in October last year.
Founded in 2010, Duco provides a no-code platform built to handle data preparation, reconciliation, data quality and data management for financial services companies, enabling them to replace spreadsheets and legacy systems and make better use of their data. The firm was acquired by Nordic Capital in 2021.
