Securian Financial Group President Christopher Hilger will become CEO on Jan. 1 upon the retirement of current Chairman/CEO Robert Senkler, the St. Paul, Minn.-based provider of insurance services to financial institutions said Friday.
Hilger, 49, will be the 13th CEO in the company's 134-year history, the company said. He became president in 2012 and remains CEO of Allied Solutions LLC, the Indianapolis-based Securian subsidiary the parent company acquired in 2004.
Senkler, 61, has been CEO for the past 20 years and will remain as Securian's board chair, the announcement said.
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"Preparing internal candidates for greater responsibility is a cornerstone of our culture. We have been working for the past several years to make this a successful leadership transition," Senkler said.
Securian said it now provides more than $1 trillion in insurance coverage. The company occupies more than 1 million square feet of office space in downtown St. Paul and employs more than 3,700 people nationwide.
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