The founder of the First City Monument Bank and philanthropist, Subomi Balogun, who passed away on May 18, 2023, has been laid to rest at his residence in Ijebu Ode, Ogun State. He was 89.

It was gathered that Vice President Shettima, who represented President Bola Tinubu, said Balogun was an institution in the Nigerian banking sector and a model for generations of bankers and lawyers, among other professionals. He also described the late FCMB founder as a banking icon “who was everything our ailing world desired.”

Late Subomi Balogun is survived by his wife, Olori Abimbola, children and grandchildren. 

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