Owner of FCMB, Otunba Subomi Balogun is dead

Founder of First City Monument Bank (FCMB) and Olori Omoba of Ijebuland, Otunba Michael Olasubomi Balogun, is dead.

Balogun died in London this morning at the age of 89. His death has been confirmed by media personality, Dele Momodu, who wrote on Instagram;

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

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Last updated: Just Now2026-01-12T00:31:41+01:00

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