Who's Moving Where In Wealth Management? – 3D Global

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People Moves

Editorial Staff, 15 July 2022

The latest senior moves and appointments in the wealth management sector.

3D Global
Cyprus-based financial services and wealth management advisory firm 3D Global has announced that its founder and chief executive, David Rumsey, has stepped down following a management buyout. Rumsey led the business for 25 years from its inception.

The firm, which was one of the founding members of Cyprus International Financial Advisers (CIFSA), was one of the first to become regulated by the Cyprus Securities & Exchange Commission (CySEC) after the European Union accepted Cyprus as a member. 

3D Global’s executive team is taking the reins from Rumsey who will remain with the business as a consultant, the firm said. Mark Nowell, who has been with 3D Global since 2005 and a director since 2013, is taking on the CEO slot.

The firm oversees €130 million ($129.86 million) in assets under management.

“After 25 years, I felt it was the right time to pass on the management of the company. I believe the current management are the right team to develop the business from here on and I will continue to support them as I am able,” Rumsey said.