The Standard Hires VP for Retirement Plans Business
Insurance industry veteran Jessica Krpan was hired to the new role to grow the Standard’s retirement offerings in the U.S.
The Standard hired Jessica Krpan as second vice president of business integration for its retirement plans business, the company announced this week.
In the newly created role, Krpan is responsible for leading the integration management office in retirement plans, reporting to A.J. Ijaz, vice president of asset management, Bob Speltz, a company spokesperson, said in an email.
The office is charged with incorporating the Standard’s acquisition of Securian Financial’s recordkeeping business, Speltz said.
The Standard created the role earlier this year “with the sole focus to lead the cross functional teams tasked with integrating Securian Financial’s recordkeeping business with The Standard’s retirement plans organization,” Speltz says.
The Standard entered into a definitive agreement to purchase the recordkeeping unit in October.
Before joining the Standard, Krpan worked for more than 17 years, in various roles in finance, innovation and strategy, at Allstate Insurance Company, according to her profile on LinkedIn.
The Standard retirement plans had $29.3 billion in assets under administration as of September 30. The Standard was founded in 1906 and has offered retirement plans since 1982.
The Standard is the marketing name for Portland, Oregon-based Standard Insurance Company.