Foremost banker and founder of First City Monument Bank (FCMB), Chief Michael Olasubomi ‘Subomi’ Balogun, has died at the age of 89.
He reportedly died in a London hospital on Friday morning, May 19, 2023.
Balogun had celebrated his 89th birthday on 9th March.
Chief Balogun was the Otunba Tunwase of Ijebuland and also the Olori Omoba of Ijebuland as well as the Asiwaju Onigbabo Ile Ijebu (Leader of Christians of Ijebu origin).
He graduated from Igbobi College and studied Law at the London School of Economics.