FCMB founder dies in London

The founder of one of the commercial banks in the country, First City Monument Bank (FCMB), Olasubomi Balogun, has died.

He died in London Friday morning.

It was gathered that the business mogul died on Friday morning in London, United Kingdom after a brief illness. He was 89 years old.

Balogun was the founder of First City Monument Bank.

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.
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