There has been a recent important change in the leadership of Securian Financial. This is in relation to the Institutional Retirement Solutions division of the company. The company has promoted Kent Peterson to the role of Senior Vice President. In his new position, Peterson will oversee all retirement-related activities. He will be responsible for the development and distribution of products for different institutional clients. Moreover, Peterson will be responsible for the strategy of defined contribution and defined benefit plans. Peterson will also oversee the pension risk transfer business of the company. He has more than 25 years of experience in the industry.
“Kent’s deep expertise in retirement solutions, risk management and investment strategy, along with his long-standing commitment to our customers and our company, make him the right leader for this role,” said Hilger. “He has played a critical role in shaping our retirement strategy, and his leadership will help ensure we continue delivering innovative, trusted solutions that support financial security for plan sponsors and participants.”
Expanded Leadership to Drive Retirement Strategy
Consequently, his deep expertise supports the company’s long-term growth objectives. He previously served as the Vice President of retirement sales and service. During his tenure, Peterson significantly expanded the firm’s market footprint. He consistently delivered strong results for plan sponsors and participants. Now, he reports directly to the Executive Vice President of the enterprise. This move highlights the importance of the retirement sector for the firm. Peterson will focus on innovative solutions for a changing workforce. Specifically, he aims to simplify retirement planning for diverse employers.
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News Source: Businesswire.com