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FCMB Founder, Subomi Balogun Is Dead - Investment (2) - Nairaland

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Re: FCMB Founder, Subomi Balogun Is Dead by Hydriss(m): 12:45pm On May 19, 2023
If death could be bribed some men would live forever. Rest well Otunba
Re: FCMB Founder, Subomi Balogun Is Dead by echeprecious: 12:45pm On May 19, 2023
We will all die, irrespective of our social standing..... let everyone be ready!


but me never ready yet sha grin

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by Weedhustler: 12:46pm On May 19, 2023
Every soul shall taste death, yakubu, tinubu ,helfurai ,buhari make una continue.

1 Like 1 Share

Re: FCMB Founder, Subomi Balogun Is Dead by fredoooooo: 12:46pm On May 19, 2023
You play your part sir..
Rest in peace

2 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Holluwhakemmy(f): 12:46pm On May 19, 2023
Lanretoye:
If una like go london or France go take treatment,who go die go die...RIP anyway,good bye to the place where there is no VIP.
he lived a fulfilled live and he's not young either

3 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Pascal181: 12:46pm On May 19, 2023
May God bless your soul. Your establishment has changed many lives. I can't forget my days working with your bank.
Re: FCMB Founder, Subomi Balogun Is Dead by TERMlNATOR(m): 12:47pm On May 19, 2023
Another OmulaBEE down grin grin grin
Re: FCMB Founder, Subomi Balogun Is Dead by SalamRushdie: 12:47pm On May 19, 2023
OMG , the Iroko of Glover is gone , there is no day I don't pass in front of his house
Re: FCMB Founder, Subomi Balogun Is Dead by mu2sa2: 12:48pm On May 19, 2023
Heard that he built a replica of the White House in Nigeria as his residence. Maybe he'd be buried in the compound of the sprawling mansion.
Re: FCMB Founder, Subomi Balogun Is Dead by safarilove(m): 12:48pm On May 19, 2023
Journey well baba

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by nairalanda1(m): 12:48pm On May 19, 2023
God1000:
Why are Nigerian men dying like that this year.

If you want to live to see your 500th birthday, why don't you say so! cheesy
Re: FCMB Founder, Subomi Balogun Is Dead by humberjade: 12:48pm On May 19, 2023
He lived a fulfilled life, and didn't die young. It is a celebration of life. May God grant his soul eternal rest.

3 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by SalamRushdie: 12:48pm On May 19, 2023
JohnnyPalmer:
NO MATTER HOW RICH ONE IS ON EARTH
DEATH COMES TO ALL
AND WE LEAVE WITH NOTHING JUST THE SAME WAY WE CAME INTO THE WORLD

RIP TO OTUNBA TUNWASE of IJEBU-ODE LAND


No matter how poor someone is they will also die
Re: FCMB Founder, Subomi Balogun Is Dead by Hamachi(f): 12:49pm On May 19, 2023
He was born in 1934 at Ijebu-Ode, Ogun State, Nigeria[ to Muslim parents. Balogun converted to Christianity while in secondary school. He graduated from Igbobi College and studied Law at the London School of Economics. Before leaving for Europe, he briefly worked as a teacher. As a student in London, Balogun regularly attended fellowships and had the opportunity to meet some noted Nigerians such as Yakubu Gowon before the latter was president. After earning his law degree, he returned to Nigeria to join the Ministry of Justice, Western Region. From the regional Ministry of Justice where he was a Crown Counsel, Balogun found a new post as a Parliamentary Counsel in the Federal Ministry of Justice.

After the January 1966 coup, he joined the Nigerian Industrial Development Bank. At NIDB, his interest in investment banking led him to advocate for the establishment of merchant bank sponsored by NIDB. When ICON securities, a merchant banking outfit was established in 1973 as a subsidiary of NIDB, Balogun moved to ICON Ltd as a director of operations. When Balogun's ambition to head ICON was not realised, he left he firm to found City Securities, a stock broking and issuing house. City Securities developed relationships with Mobil, Texaco and Total petroleum marketing companies, handling the companies equity offerings. In 1979, he applied for a merchant banking license to establish First City Merchant Bank. Balogun was inspired by the entrepreneurial works of Siegmund Warburg, who co-founded S.G. Warburg, he visited Warburg in London prior to establishing his merchant bank. He often tells the anecdotal story of how his son inspired him to take the leap in starting the bank. When the operations of the bank took effect in 1983, Balogun established an entrepreneurial culture at the new bank, unique as an owner managed bank in contrast to the government owned banks at the time.

Balogun built a National Pediatric Centre in Ijebu-Ode that he donated to University of Ibadan's, University College Teaching Hospital.

Chieftaincy titles
A direct descendant of Oba Tunwase of Ijebu-Ode, Chief Balogun currently holds the chieftaincy title Otunba Tunwase of Ijebuland. He is also the Olori Omoba of Ijebuland and the Asiwaju of Ijebu Christians.

8 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by BanyXchi: 12:49pm On May 19, 2023
RIP Yoruba legend. I'm sure he's ijebu-yoruba, they are the richest black people on earth

2 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Iluvmycontr3: 12:49pm On May 19, 2023
God1000:
Why are Nigerian men dying like that this year.

People die everyday everywhere the world over... Never a Nigeria tin.

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by Olril18(m): 12:49pm On May 19, 2023
Ireportlive:


RIP...


Alex Ekwueme's friend

You Nairaland bigots need to read the story of Sir Subomi and his Friend and Neighbor Alex Ekwueme post Civil war


.
Lol. Pot calling kettle black.

4 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Bringbackmandat: 12:50pm On May 19, 2023
God1000:
Why are Nigerian men dying like that this year.
when a drug lord is forced on the country, the almighty God turned his back against the satanic administration.
Re: FCMB Founder, Subomi Balogun Is Dead by 9jaRealist: 12:50pm On May 19, 2023
chisomkachy:
https://gazettengr.com/just-in-fcmb-founder-subomi-balogun-is-dead/

RIP…

He was such a PHILANTHROPIST…
Building hospitals, giving scholarships, etc.

>

2 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Diligent1(f): 12:50pm On May 19, 2023
Rest in peace sir
Re: FCMB Founder, Subomi Balogun Is Dead by leanonme82: 12:50pm On May 19, 2023
oh wow. Condolences to my Ijebu brothers.

A great Ijebu son is gone. cry May his soul RIP. Aiye'nlo a'n to.

2 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by ednut1(m): 12:51pm On May 19, 2023
His ikoyi house is very palatial. Rip

3 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Ireportlive: 12:52pm On May 19, 2023
Olril18:

Lol. Pot calling kettle black.

Change your ways... I was talking to you
Re: FCMB Founder, Subomi Balogun Is Dead by PIPSMARSHALL: 12:53pm On May 19, 2023
mu2sa2:
Heard that he built a replica of the White House in Nigeria as his residence. Maybe he'd be buried in the compound of the sprawling mansion.

The mansion is a big house. Adieu Otunba

erin ti wo, ajanaku sun bi oke

3 Likes

Re: FCMB Founder, Subomi Balogun Is Dead by Bringbackmandat: 12:53pm On May 19, 2023
God is angree with Nigeria for forcing a cocaine sniffer on us.
This is the same thing that happened in Babylon when Nebuchadnezzar was the king.
Tinubu is a disaster to this country.

1 Like

Re: FCMB Founder, Subomi Balogun Is Dead by oyoofong(m): 12:53pm On May 19, 2023
Re: FCMB Founder, Subomi Balogun Is Dead by Lifestone(m): 12:54pm On May 19, 2023
God1000:
Why are Nigerian men dying like that this year.
He's an Old man. RIP

2 Likes 1 Share

Re: FCMB Founder, Subomi Balogun Is Dead by iWitnessLive: 12:54pm On May 19, 2023
Rest in Peace sir


https://www.youtube.com/watch?v=jNkfnsA5_rI

5 notable Nigerians that played active roles on the coronation of King Charles II at Westminster Abbey.
Re: FCMB Founder, Subomi Balogun Is Dead by crowther15(m): 12:55pm On May 19, 2023
Ireportlive:


RIP...


Alex Ekwueme's friend

You Nairaland bigots need to read the story of Sir Subomi and his Friend and Neighbor Alex Ekwueme post Civil war


.
Did you forget his story and that of Azikwe?
Re: FCMB Founder, Subomi Balogun Is Dead by olisefom: 12:55pm On May 19, 2023
A good man.

Rest in peace sir.
Re: FCMB Founder, Subomi Balogun Is Dead by Onewazobia(m): 12:55pm On May 19, 2023
Skyfornia:
The way people are dying this year..it's more than the deaths recorded during COVID. Whatever is causing these deaths, I pray in the Name of Jesus that the power is taking away and God's love and kindness rules over the earth. Amen.

Rest in peace to him...

Death is inevitable, it is due all creatures must pay

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