The transfer of control of the business to Securian Trust is awaiting approval by the Office of the Comptroller of the Currency.
Mazorol most recently was chief executive of ING National Trust of Minneapolis, formerly the ReliaStar National Trust Company and has 13 years experience in the trust business. Prior to his finance career, he practiced law for 12 years.
He received a bachelor’s degree in physics from the University of Minnesota and a law degree from the William Mitchell College of Law in St Paul.
Mazorol is a member of the Minnesota State and Hennepin County Bar associations, and the Association of Independent Trust Companies.
With assets of approximately $350 million, Securian Trust Company will serve the local Twin Cities market as well as the national niche markets served by Minnesota Life and Securian business units.