In a strategic move to strengthen its position and broaden its impact within Nigeria’s financial and insurance sectors, Consolidated Hallmark Insurance has officially transitioned to a Holding Company (HoldCo) structure – Consolidated Hallmark Holdings Plc. This development is expected to drive substantial employment growth across the company’s subsidiaries, with new job opportunities anticipated in digital finance, customer service, health management, and insurance operations.
According to Group CEO, Eddie A. Efekoha, the HoldCo structure will allow Consolidated Hallmark to streamline operations, improve resource allocation, and foster innovation across its subsidiaries. “Our transition to a HoldCo structure enables us to better serve our clients and create more opportunities for Nigerians to develop rewarding careers,” said Efekoha. “We’re looking forward to expanding our workforce as we continue to drive growth and innovation across our business units.”
The transition allows the company’s subsidiaries, including Consolidated Hallmark Insurance, Hallmark Finance, CHI Microinsurance and Hallmark HMO, to operate with greater independence and specialisation. This enhanced structure supports the Group’s vision of providing comprehensive, tailored financial services under one umbrella, offering Nigerians a more integrated approach to managing their insurance and financial needs.
Beyond operational efficiencies, the HoldCo structure aligns with Consolidated Hallmark’s commitment to fostering local talent. With plans to expand existing graduate schemes and professional development programs, the company is paving the way for more full-time employment opportunities. “Our subsidiaries have historically created pathways for career growth, and this structure allows us to scale those efforts significantly, creating meaningful employment opportunities across the country,” Efekoha added.
Consolidated Hallmark Holdings’ expansion of its service offerings has a reciprocal effect on workforce growth, enabling the company to strengthen its market leadership and contribute significantly to Nigeria’s economic development, ultimately fostering a more resilient and dynamic financial landscape.
