Securian Financial today announced that Kent Peterson has been promoted to senior vice president for Institutional Retirement Solutions.

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Kent Peterson, Securian Financial senior vice president for Institutional Retirement Solutions

In this role, Peterson leads a business that, through products issued by Minnesota Life Insurance Company and Securian Life Insurance Company, delivers guaranteed income solutions for defined contribution retirement plans, stable value investments, guaranteed investment contracts and pension risk transfer solutions.

Peterson reports to Chris Hilger, Securian Financial’s chairman, president and CEO, and he joins the company’s executive leadership team.

“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.”

Peterson joined Securian Financial in 1990 as an actuary and has built a career focused on retirement plan product development, risk management and investment-related fiduciary issues. He was promoted to second vice president in 2018 and to vice president in 2022.

He holds a bachelor’s degree in statistics from Montana State University in Bozeman, Montana. Peterson is a Fellow of the Society of Actuaries (FSA), a Chartered Financial Analyst (CFA), a member of the American Academy of Actuaries and an Accredited Investment Fiduciary.

Peterson serves on the board of the Minnesota Zoo Foundation and is a member of its finance committee. He also serves as executive sponsor for Securian Financial’s Mental Wellness and Disability associate resource group.

Suzette Huovinen, who led Securian’s Institutional Retirement Solutions business prior to Peterson, has been promoted to executive vice president for Enterprise Capital and Risk Management, reporting to Hilger. Huovinen is also president of Securian Asset Management.

ABOUT SECURIAN FINANCIAL

To be confident in your financial future, you need to trust the strength and commitment of the companies you choose to work with. For more than 140 years, the Securian Financial family of companies has been developing innovative insurance and retirement solutions to meet the evolving needs of individuals, families and businesses. Offered through partnerships with employers, financial professionals and affinity groups, our products help bring peace of mind to more than 23 million customers throughout the United States and Canada. We are trusted by our partners and customers to fulfill our purpose of helping to build secure tomorrows. For more information about Securian Financial, visit securian.com or follow us on Facebook, Instagram or LinkedIn.

Securian Financial is the marketing name for Securian Financial Group, Inc., and its subsidiaries. Insurance products are issued by its subsidiary insurance companies, including Minnesota Life Insurance Company and Securian Life Insurance Company, a New York authorized insurer. Variable products are distributed by Securian Financial Services, Inc., member FINRA. 400 Robert Street North, Saint Paul, MN 55101.

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