Chief Michael Olasubomi ‘Subomi’ Balogun, a prominent banker and founder of First City Monument Bank (FCMB) is dead.
He passed away at the age of 89 in a London hospital on Friday morning.
Balogun was a well-respected figure in his community, holding titles such as Otunba Tunwase of Ijebuland, Olori Omoba of Ijebuland, and Asiwaju Onigbabo Ile Ijebu (Leader of Christians of Ijebu origin).
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Balogun’s contributions to the banking industry cannot be overstated. As a pioneer in the field, he founded FCMB in 1982 and led it to become one of the most successful banks in Nigeria.
Details shortly…
