FCMB Owner, Otunba Subomi Balogun is dead


Otunba Michael Olasubomi Balogun, the founder of First City Monument Bank (FCMB) and Olori Omoba of Ijebuland, has passed away.

At the age of 89, Balogun passed away in London this morning. Dele Momodu, a media celebrity, posted on Instagram that he had passed away.

He wrote:

“Diamonds are forever OVATION INTERNATIONAL magazine (since 1996)… Good night CHIEF OLASUMOMI BALOGUN… Rest in Peace Sir.”

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