Stella Dimoko Korkus.com: FCMB Founder Subomi Balogun Dies At 89

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Friday, May 19, 2023

FCMB Founder Subomi Balogun Dies At 89

The founder of FCMB, Subomi Balogun, has passed away.
He died in London Friday morning at the of 89.

Otunba Subomi as he was fondly called by associates celebrated his 89th birthday in March.
He was an alumnus of Igbobi College and studied law at the London School of Economics.
The deceased practised as a lawyer in the regional justice ministry and then at the federal ministry of justice until the January 1966 coup.

After the coup, Balogun dabbled into banking and joined the Nigerian Industrial Development Bank (NIDB).
He pioneered Icon Securities — a subsidiary of NIDB which specialised in merchant banking — as director of operations. He ventured into several commerce and economics firms until FCMB was established in 1979..

from within Nigeria
By -

25 comments:

  1. Arike19 May 2023 at 14:15

    May his soul rest in peace 🙏🙏

    ReplyDelete
  2. OFFICIAL PRESTIGE 19 May 2023 at 14:15

    A fulfilled life.
    May his soul rest in peace.

    ReplyDelete
    Replies
    1. God's Favor19 May 2023 at 17:00

      Really a fulfilled life.
      May his soul rest in peace.

      Delete
  3. Mc pinky(Award winner of BV WITH THE MOST Gbagaun of the year 2021)19 May 2023 at 14:16

    Rest on sir

    ReplyDelete
  4. excited courtesy19 May 2023 at 14:21

    May his soul rest in peace.

    ReplyDelete
  5. Anonymous19 May 2023 at 14:26

    May his soul find eternal rest.

    ReplyDelete
  6. OKIROYALTY (MUMMY STERLING HAIR EMPIRE 19 May 2023 at 14:27

    Rip

    ReplyDelete
  7. Anonymous19 May 2023 at 14:27

    May God grant him eternal rest and comfort his family.

    Ms tee

    ReplyDelete
  8. Blogbrity19 May 2023 at 14:27

    Rest in peace sir

    ReplyDelete
  9. Dainty T19 May 2023 at 14:34

    This is what I call a life well spent, rest in peace pa.

    ReplyDelete
  10. Anonymous19 May 2023 at 14:42

    Rest on , an Icon , cerebral , astute & flamboyant personality.

    ReplyDelete
  11. Honey19 May 2023 at 15:13

    He paid his dues. A life spent to the full. Rest in peace sir.

    ReplyDelete
  12. Anonymous19 May 2023 at 15:15

    Rest in peace sir.

    ReplyDelete
  13. BIG MAMA 19 May 2023 at 15:37

    Rest in peace sir, 🖤

    ReplyDelete
  14. Anonymous19 May 2023 at 15:52

    Safe journey sir.

    ReplyDelete
  15. Xhlrted P™ (Charcuterie ‰)19 May 2023 at 15:58

    Goodnight Otunba.
    God rest your gentle soul.

    ReplyDelete
  16. Fair lady19 May 2023 at 16:05

    Rest in peace.

    ReplyDelete
  17. Esther Okoro19 May 2023 at 16:13

    Rest in peace sir

    ReplyDelete
  18. Bidex19 May 2023 at 17:14

    Goodbye sir

    ReplyDelete
  19. Anonymous19 May 2023 at 18:22

    I remember reading an interview on him years back: about the children's hospital he was building and how he set up his firms and was patronized by Texaco and the rest based on his reputation. He touched many lives and lived a good one. May he rest in peace.

    ReplyDelete
  20. LILYANGEL19 May 2023 at 21:41

    Rest in peace Sir

    ReplyDelete
  21. Anonymous20 May 2023 at 01:02

    If you ever worked in FCMB before, you will know about, the annual BIRTHDAY Sara, hmmmn !
    He did everything to keep the FCMB in his life time ish !
    RIP SIR.

    ReplyDelete
    Replies
    1. Anonymous20 May 2023 at 07:26

      Hmmmm

      Delete
    2. Anonymous20 May 2023 at 18:03

      Great Man! Rip

      Delete
    3. Anonymous20 May 2023 at 18:04

      It is normal, He is a chief in ijebu ode so........ and has the funds............

      Delete

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