Duco is the seventh technology board position Lake has taken since 2017

Spencer Lake, the banking veteran and fintech advocate, has taken a board seat at Duco, a fintech outfit backed by Michael Spencer’s NEX Group.

Lake, a former vice-chairman of global markets at HSBC, has in the past year reinvented himself as a 

go-to man for City fintech firms keen to sell their services to big banks

. Duco’s is the seventh such board position he has taken up since 2017.

Banking veteran Spencer Lake joins Duco board

Emily Horton

HSBC

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