President and Chief Executive Officer
Katie A. Lorenson serves as president and chief executive officer of Alerus and is a member of the company’s board of directors. She is a seasoned executive with extensive experience overseeing financial service organizations. She joined Alerus as chief financial officer in December 2017 and spearheaded the company’s initial public offering in September 2019, in addition to leading Alerus’ business segments, including banking, retirement and benefits services, wealth management, and mortgage.
Prior to joining Alerus, Katie served as chief financial officer at MidWestOne Financial Group, Inc. She previously served as chief financial officer for Central Bancshares, which was acquired by MidWestOne Financial Group, Inc. in 2015. Prior to these roles, Katie served as manager on the Financial Institutions Team for RSM (McGladrey & Pullen).
Katie holds a bachelor’s degree in accounting from Minnesota State University, Moorhead. She lives in the Twin Cities with her husband and their three sons.