The founding father of First Metropolis Monument Financial institution (FCMB) and Olori Omoba of Ijebuland, Otunba Michael Olasubomi Balogun has died at age 89. Household sources revealed that Olasunbomi died in London this morning.
Balogun, who was Otunba Tunwase of Ijebuland, was a high-ranking Ijebu Chief. Whereas his dying has not been formally introduced, the household has knowledgeable the Awujale of Ijebuland of his dying and a proper announcement could be made quickly in step with custom.
Balogun who pioneered funding banking in addition to indigenous monetary entrepreneurship in Nigeria, was a long-time member of the council of the Nigerian Inventory Trade. Aside from being the Otunba Tunwase, he’s the Olori Omo-oba of Ijebu; the Asiwaju of Ijebu Christians, the Baba Oba of Ijebu-Ife and the Asalu-Oba of Ijebu Mushin.
What you could learn about Otunba Balogun
Otunba usually stated, “When the ultimate name comes, you will simply open your fingers and say, God, right here I’m. To have the ability to try this, you want the grace of God’’. He lived a life dedicated to service to God, society and humanity.
Recalling when he was to arrange First Metropolis Monument Financial institution (FCMB), Otunba Subomi stated, “I’ve a really sturdy character. There may be nothing that I did that I want I had not accomplished. I’ve no remorse over any of my previous actions.”
Via the Otunba Tunwase Basis, Otunba Subomi constructed a number of establishments for the well being care, welfare and survival of kids. Stating his motive for serving to folks, Otunba Balogun stated, “I’m a baby of God, and the nice Lord has been variety to me. No matter you see in me now’s a divine reward. So why do I’ve to carry again in good deeds.”
Earlier than his dying, he acquired the American Biographical Institute Inc’s Distinguished Management Award for excellent contributions to the event of Funding Banking.