137-year-old financial services company in midst of “tech boom” as it digitally revolutionizes its business
December 08, 2017 — ST. PAUL, Minn.–(BUSINESS WIRE)–Securian Financial Group has named Sid Gandhi chief strategy and enterprise technology officer, reporting to Chris Hilger, Securian’s chairman, president and CEO.
Previously chief strategy and customer engagement officer, Gandhi is now charged with leading Securian’s technology transformation as Jean Delaney Nelson, the company’s longtime chief information officer, recently retired after a 39-year career.
“I thank Jean Delaney Nelson for the amazing accomplishments she achieved for the company over her illustrious career and congratulate her on her retirement,” said Hilger. “This leadership transition, along with the priorities set forth in our strategic plan, provide an opportunity to re-envision our technology strategy and model to further enhance the customer experience. Sid Gandhi, with his proven experience in executing strategic initiatives and leading our digital innovation efforts, is well positioned for this new and challenging assignment.”
A digital and technical transformation
Securian has initiated a digital and technical transformation of its business to meet changing customer expectations and position the company for future growth. It is taking a three-prong approach:
- Transform Core Businesses: Securian is embedding digital capabilities into all of its businesses to enhance their competitiveness in a changing environment.
- Seek Collaborators in Innovation: Securian is testing new markets and capabilities through strategic relationships with FinTech and InsurTech market disruptors.
- Be an Innovator and Disruptor: Securian has built an innovation incubator within the company to drive entrepreneurial efforts and disrupt markets in which the company is uniquely positioned.
In addition to his oversight of Securian’s Digital team, Gandhi has assumed leadership for the corporate Information Technology team as well as the Business Technology teams within Securian’s business units. The combined staff is approximately 800 people and growing. Securian has made a significant number of digital and technology hires recently and is recruiting for several new positions.
“I am honored to take on this new role in a very exciting time for Securian,” said Gandhi. “With customer expectations changing and competition on the rise, now is the perfect time to transform our enterprise by bringing our digital and technology functions together. This is an important change for the company that will help drive exceptional customer experiences and set the stage for future success.”
ABOUT SECURIAN FINANCIAL GROUP
Since 1880, Securian Financial Group and its affiliates have provided financial security for individuals and businesses in the form of insurance, investments and retirement plans. Now one of the nation’s largest financial services providers, Securian is the holding company parent of a group of companies that offer a broad range of financial services.