NewsFCMB Founder, Subomi Balogun, is dead.

FCMB Founder, Subomi Balogun, is dead.

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Otunba Subomi Balogun, the founder of First City Monument Bank, FCMB, Otunba Subomi Balogun , is dead.

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According reports received by The Source magazine, Subomi, an Ijebuland high chief died in a London hospital on Friday morning.

Balogun who was the chairman of First City Monument Bank (FCMB) celebrated his 89th year birthday on 9th March 2023.

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His son Ladi Balogun has since taken over the bank as Chairman, Board of Direcror of the Group..
Balogun was a Nigerian Billionaire banker and philanthropist.

He died at the age of 89.

Family sources who spoke with the magazine on Friday said burial arrangements will be announced soon.

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