BY NKECHI NAECHE-ESEZOBOR–With the implementation of the 10-year tenure limit for managing directors and executive directors of insurance companies commences, the National Insurance Commission, (NAICOM) has approved the appointment of Mrs. Mary Adeyanju, as the Managing Director/CEO, of Consolidated Hallmark Insurance Limited.
Adeyanju, takes over from Mr. Eddie Efekoha who has left his position as the MD/CEO, of Consolidated Hallmark Insurance to take up the group CEO position at Consolidated Hallmark Holdings Plc in a Holding structure that the company now operates.
Adeyanju possesses a master’s degree in business administration from the Lagos State University as well as a B.A (Theatre Arts) and Diploma in Insurance from the University of Jos and Ahmadu Bello University respectively.
She is a Fellow of the Chartered Insurance Institute of Nigeria, and has over three decades of varied experience in the Insurance Industry.
She commenced her career with Boff Africa Insurance Brokers and held top management positions in Carrier Insurance Brokers, First Chartered Insurance Company, Consolidated Risk Insurers.
Adeyanju was the Regional Director, Lagos\Western operations of Consolidated Hallmark Insurance Plc and later got appointed as the Executive Director (Operations), a position she held for over seven years, where she consistently grew the premium income of the company, while revolutionizing the operational structure, with far reaching reforms in marketing , underwriting and the claims aspect of the business.
She is an alumnus of the Lagos Business School and also a Non-Executive Director on the board of Hallmark Finance and CHI Micro Life Insurance company respectively. She is also a member of the Institute of Directors.
In a similar development, the commission also approved the appointment of Jimalex Orjiako as Executive Director Operations and Katherine Itua, as Executive Director Finance & Investments both of Consolidated Hallmark Insurance Limited.
Jimalex is a Graduate of Insurance from the Lagos State Polytechnic and has a Post Graduate Diploma in Financial Management from the Lagos State University.
He is an Associate Member of the Nigerian Gas Association, Nigerian Institute of Management and a member of the Institute of Operational Risk, United Kingdom, the Chartered Insurance Institutes of London and Nigeria as well as the Faculty of Underwriting, London.
Jimalex is an Alumnus of the Lagos Business School, having attended the AMP programme.
He was the immediate past Divisional Director, Technical Group of Consolidated Hallmark Insurance.
While Katherine Itua, holds a Bachelor of Education Degree in Education and Economics/Political Science from the University of Ibadan.
A Chartered Accountant and Fellow of the Institute of Chartered Accountants of
Nigeria, her wealth of experience spans about thirty years.
She trained and worked at the foremost Audit/Consultancy firm, Akintola Williams Deloitte for seventeen years before she left at Management level.
Kate joined Consolidated Hallmark Insurance in 2011 to head the audit and risk management group and has brought lasting changes to the audit function of the company.
Katherine is a certified member of the Institute of Risk Management London and ISO 9001:2015 Quality Management System certified auditor and Management Representative since 2017.
Kate is also a member of the AMP 27 Class of the Lagos Business School.
