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