The founder of First City Monument Bank (FCMB), Otunba Subomi Balogun, has has died at the age of 89.
Balogun’s death was confirmed by Governor Dapo Abiodun of Ogun State on Friday in a statement on Twitter.
The governor noted that the late octogenarian’s tireless efforts, and remarkable contributions would continue to inspire generations to come.
“It is with a heavy heart and sadness that we receive the news of the passing of our dear father, Otunba Michael Subomi Balogun, the Asiwaju Omooba of Ijeband and founder, First City Monument Bank – @MyFCMB
“He will be remembered as a visionary leader who dedicated his life to the betterment of our society and his unwavering commitment, tireless efforts, and remarkable contributions will continue to inspire generations to come.
“May the memories of Otunba Balogun Subomi serve as a guiding light and source of inspiration as we carry forward his legacy of service and dedication.
“We hereby express our heartfelt condolences to his family and pray God grants them the strength to bear this sad loss. May God rest his soul.”
It is with a heavy heart and sadness that we receive the news of the passing of our dear father, Otunba Michael Subomi Balogun, the Asiwaju Omooba of Ijeband and founder, First City Monument Bank – @MyFCMB
He will be remembered as a visionary leader who dedicated his life to… pic.twitter.com/UNSYHQwKSJ
— Prince Dr. Dapo Abiodun, CON (@DapoAbiodunCON) May 19, 2023
Ifunanya Ikueze is an Engineer, Safety Professional, Writer, Investor, Entrepreneur and Educator.
