Otunba Michael Subomi Balogun, founder of First City Monument Bank, FCMB, is dead. He was aged 89. He reportedly passed on in a London hospital
Otunba Michael Subomi Balogun, founder of First City Monument Bank, FCMB, is dead.
He was aged 89.
He reportedly passed on in a London hospital after a brief illness.
Details surrounding his death remains sketchy.
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 University of Ibadan’s, University College Teaching Hospital.
This is a developing story.