Securian Canada, a subsidiary of US-based Securian Financial Group, has named Martin Fortier as its new chief financial officer (CFO).
Fortier has been working for more than 30 years in the insurance and financial services sectors.
Having joined Securian Canada in August last year, he was latterly its senior vice-president for actuarial, risk and product.
In his new position, Fortier will lead the finance and actuarial departments, handling a multi-disciplinary team.
His background includes serving on the Board for the University of Business and Technology in Saudi Arabia, the Veblen Director Programme and Sun Life Management Holdings in Hong Kong.
He holds a Diploma in Corporate Governance and earned a bachelor’s degree in Actuarial Science from Université Laval. He is a fellow of both the Canadian Institute of Actuaries and the Society of Actuaries.
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By GlobalDataFortier stated: “Combining actuarial and finance leadership will help ensure that all financial aspects of our business are aligned to drive sustainable and profitable growth. I look forward to strengthening our presence in the Canadian market alongside the best team in the industry.”
Securian Canada CEO Nigel Branker said: “As Securian Canada evolves and scales, we are thrilled to have Martin as our new chief financial officer. His global knowledge and experience have added tremendous value to our business, and we anticipate continued strength and progress under his leadership in the CFO role.”
Securian Canada specialises in life-ready insurance and has 65 years of experience in the industry.
Last month, Securian Financial partnered with MASA to offer emergency medical transportation benefits. This service will enhance Securian’s group accident insurance product, extending ambulance coverage to workplaces throughout the US.