Home NEWS   FCMB founder, Otunba Subomi Balogun dies in London

  FCMB founder, Otunba Subomi Balogun dies in London

 

The founder of First City Monument Bank (FCMB) Otunba Michael Subomi Balogun is dead.

He reportedly passed on after a brief illness in a London Hospital at the age of 89.

A direct descendant of Oba Tunwase of Ijebu-Ode, Otunba Balogun, until his death, held the chieftaincy titles: Otunba Tunwase of Ijebuland, Olori Omoba of Ijebuland and the Asiwaju of Ijebu Christians.

A philanthropist, Otunba Balogun built a National Pediatric Centre in Ijebu-Ode that he donated to the University of Ibadan’s University College Teaching Hospital., among others.

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