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Advantus President Westhoff Retires, Orbison Appointed Interim Head.


Business Editors

William Westhoff, CFA (Computer Fraud and Abuse Act of 1986) Signed into law in 1986, the CFA was a significant step forward in criminalizing unauthorized access to computer systems and networks. The Act applies to "federal interest computers" that include any system used by the U.S. , president, Advantus Capital Management, will retire July 26, 2002, announced Robert L. Senkler, chairman, president and chief executive of Securian Financial Group, Advantus' parent company. Dianne Orbison, CFA, vice president, Investment Products, will serve as interim head of Advantus and is a leading candidate to succeed Westhoff.

"Bill successfully launched a major repositioning repositioning Laparoscopic surgery The changing of a Pt's position during a procedure to improve access or visualization of the operative field, which may be linked to complications, as it changes anatomic planes of operation. Cf Laparoscopic surgery.  of our asset management business to increase its size and significance within the industry," said Senkler. "Dianne has a successful track record of leadership in a wide variety of initiatives. We are fortunate to have someone with her skill and experience to continue the strong leadership of our asset management function."

Orbison, who joined Advantus in 1990 as a mortgage securities investment officer, has 24 years of investment experience. Most recently, she oversaw o·ver·saw  
v.
Past tense of oversee.
 all Advantus investment products and processes, research analysis, trading functions, and the investment law function. Orbison has a master's degree master's degree
n.
An academic degree conferred by a college or university upon those who complete at least one year of prescribed study beyond the bachelor's degree.

Noun 1.
 in real estate investment and a bachelor's degree in political science and French, both from the University of Wisconsin at Madison.

Advantus Capital Management, an affiliate of Minnesota Life The Minnesota Life Insurance Company was founded in St. Paul, Minnesota in 1880 as a mutual insurance company. It was originally organized as a mutual because a general distrust of stockholder-owned businesses prevailed at that time and there was a shortage of people willing to buy  Insurance Company, manages more than $18 billion in assets and offers a variety of investment products and services to individuals and institutional investors Institutional Investor

A non-bank person or organization that trades securities in large enough share quantities or dollar amounts that they qualify for preferential treatment and lower commissions.
. Advantus manages 11 open-end mutual funds, which include equity and fixed income funds and a money market fund. Advantus also provides investment management expertise to insurance and pension products sold through the Securian Financial Network and Securian Retirement Services.

NOTE: Photos of Westhoff and Orbison are available electronically as 300 dpi TIFs; request them by contacting margaret.jensen@securian.com
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Publication:Business Wire
Geographic Code:1USA
Date:Jul 1, 2002
Words:263
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