Alerus(US:ALRS) Businesswireยท2024-02-22 20:00Core Insights - Alerus Financial Corporation announced the appointment of Forrest Wilson as Executive Vice President and Chief Retirement Services Officer, effective February 26, 2024 [1] Group 1: Leadership and Experience - Forrest Wilson has over 25 years of experience in the retirement industry, with expertise in both platform/recordkeeping and investment sectors [2] - His previous role was Senior Vice President of Retirement Plans Sales and Distribution at Ameritas Mutual Holding Company, where he was responsible for business strategy and successful acquisitions [2] - Wilson has held various management and sales leadership positions at firms including Allianz Global Investors, Aspire Financial Services, Empower, and Voya [2] Group 2: Responsibilities and Goals - As Chief Retirement Services Officer, Wilson will lead Alerus' retirement and benefits division, which serves over 8,000 employer-sponsored retirement plans and approximately 474,000 plan participants [3] - He will focus on aligning client-related areas with Alerus' client-centric approach, emphasizing the needs of third-party advisors, plan sponsors, and participants [3] Group 3: Strategic Alignment - Alerus' President and CEO, Katie Lorenson, highlighted Wilson's extensive experience and ability to lead high-performing teams, which aligns with the company's strategic objectives [4] - Wilson's track record includes integrating strategic acquisitions, accelerating organic growth, and improving client experience [4] Group 4: Company Overview - Alerus Financial Corporation is a commercial/wealth bank and national retirement services provider with offices in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area [5] - The company offers diversified financial solutions, including banking, mortgage, retirement and benefits services, and wealth management [5] - Alerus has been providing retirement services since 1944 and serves a wide range of clients across the United States [6]