Christopher Hilger, president since 2012, has succeeded CEO Bob Senkler at Securian Financial Group, in a move the company signaled last summer.
Senkler, 62, was CEO for 20 years and worked for Securian for 40 years.
Hilger, 50, joined Securian's management team in 2004 when the company purchased Allied Solutions of Indianapolis. He subsequently was named senior vice president of Securian's Financial Institution Group. In 2010, he was promoted to executive vice president. In 2012, he was appointed president in charge of all Securian's businesses.
"I look forward to continuing the legacy of success built under Bob's leadership over the last 20 years," Hilger said in a statement.
Securian, which has yet to announce 2014 results, earned increase profits in 2013 of $226 million, thanks to growth in asset management fees. Securian employs 3,700 workers, including 2,400 in Minnesota.