Friday, 31 October 2014
Last updated 6 hours ago
Oct 17 2012 | 9:04am ET
St. Paul, Minn.-based Securian Financial Group has promoted Christopher R. Sebald to president of its subsidiary Advantus Capital Management.
Sebald, who will continue to serve as CIO of Advantus, has been with the company for 15 years. In addition to his duties as CIO he will also continue his involvement in portfolio management for several fixed-income portfolios in the Securian Funds Trust, institutional portfolios and the Ivy Bond Fund, which Advantus subadvises.
“Chris brings significant knowledge of the investment industry and markets, strong portfolio management skills and proven leadership experience,” said Securian chairman and CEO Robert L. Senkler in a statement. “We are very fortunate to have someone with Chris’ skills and experience to lead Advantus and continue to build on its record of excellence.
Advantus Capital Management manages more than $24 billion in assets, including non-security assets. Clients include insurance companies, mutual fund sponsors, pension plans, foundations, and endowments.
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