First City Monument Bank (FCMB), Subomi Balogun, has died at the age of 89.
He reportedly died in London on Friday.
Confirming his death on Twitter via his verified account @abiodunMFR, Ogun State Governor, Dapo Abiodun said Balogun was a visionary leader and dear father who would be sorely missed.
“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,” he twitted.
Until his death, he was Otunba Tunwase of Ijebuland before his death.
As a ranking Ijebu Chief, his death will, however, only be officially announced in line with tradition.
