FCMB Founder Subomi Balogun Dies At 89

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The founder of First City Monument Bank (FCMB), Otunba Subomi Balogun, has passed away at the age of 89.

Confirming the business titan’s demise in a statement Friday on Twitter, Governor Dapo Abiodun of Ogun State noted that the late octogenarian’s unwavering commitment, tireless efforts, and remarkable contributions would continue to inspire generations to come.

Reports indicate that Balogun, who was born March 9, 1934 in his hometown of Ijebu Ode, Ogun State, passed away in a London hospital Friday morning.

According to the governor, Balogun will be remembered as a visionary leader who dedicated his life to the betterment of society.

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