Alerus Financial Corporation Appoints Forrest Wilson as Chief Retirement Services Officer

Alerus Financial Corporation (Nasdaq: ALRS) has appointed Forrest Wilson as Executive Vice President and Chief Retirement Services Officer, effective February 26, 2024.

With over 25 years of experience in the retirement services industry, Mr. Wilson brings a wealth of knowledge in sales and distribution growth, product oversight and strategy, acquisitions, digital engagement, and service delivery. Prior to joining Alerus, he held various leadership roles at Ameritas Mutual Holding Company, Allianz Global Investors, Aspire Financial Services, Empower, and Voya.

In his new role, Mr. Wilson will oversee Alerus’ retirement and benefits division, which caters to thousands of third-party advisors, over 8,000 employer-sponsored retirement plans, and approximately 474,000 plan participants nationwide. His focus will be on aligning client-related areas with Alerus’ client-centric approach, ensuring exceptional service for third-party advisors, plan sponsors, and participants.

President and CEO Katie Lorenson expressed confidence in Mr. Wilson’s extensive industry experience, leadership capabilities, and strategic vision, highlighting his track record of successful growth strategies, acquisitions, and client experience enhancements.

Mr. Wilson holds a bachelor’s degree in marketing from Central Connecticut State University and an MBA in finance and marketing from New York University Stern School of Business.

About Alerus Financial Corporation:

Alerus Financial Corporation is a commercial/wealth bank and national retirement services provider headquartered in Grand Forks, North Dakota, and the Minneapolis-St. Paul, Minnesota metropolitan area. Offering diversified financial solutions including banking, mortgage, retirement and benefits services, and wealth management, Alerus serves businesses and consumers with a focus on personalized service and digital solutions.

With offices in North Dakota, Minnesota, and Arizona, Alerus has been providing retirement services since 1944, offering retirement plans, financial wellness, health savings accounts, and more to advisors, brokers, employers, and plan participants across the United States. The company’s common stock trades on the Nasdaq Capital Market under the symbol ALRS.

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