Subomi Balogun, a renowned Nigerian banker and philanthropist, passed away on Friday morning at a hospital in London. Balogun, who was 89 years old, was the founder of First City Monument Bank, one of Nigeria’s leading financial institutions.
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He was widely respected for his business acumen and his commitment to social responsibility, which led him to support numerous charitable causes throughout his life. Born on May 9, 1934, Subomi Balogun had a long and illustrious career in the banking industry, spanning several decades.
Subomi Balogun was a pioneer in the field of banking in Nigeria, and his contributions to the development of the financial sector in the country have been widely acknowledged.
Balogun’s passing marks the end of an era in Nigerian banking, and his legacy will continue to inspire generations of entrepreneurs and philanthropists in the years to come.
He celebrated his 89th birthday on May 9.