Wife, Children,Grandchildren Late FCMB Founder, Subomi Balogun Left Behind

Wife, Children,Grandchildren Late FCMB Founder, Subomi Balogun Left Behind

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The death of Chief Subomi Balogun, the founder of First City Monument Bank has been buzzing on the Internet. The Business mogul impact on the banking sector and society can’t be swept under the carpet.

He has contributed his quota to economic development in Nigeria. The Olori Omo-Oba of Ijebu Kingdom as he is fondly called died at 89 0n May 19, 2023, Friday in London. What led to his death is unknown but many have symphatized with his family.

Otunba was happily married and blessed with children and grandchildren. He has four boys whose names are Bolaji, Ladi, Jide and Gboyega. His children are learned individuals and are board of directors in his companies which are scattered around Nigeria.

Although, they have their personal businesses, they are the architect of their father’s business and have continued to take it to greater heights.

Meet Subomi Balogun’s 4 children

Otunba’s children have gained a lot of experience from him and have made tremendous success in the banking sector. They will forever be grateful to their father for showing them the way and grooming them to be future leaders and intellectuals in the financial sectors.

Chief Michael was blessed with 12 grandchcildren. He has always shy away from the media and achieve is successes low-key before the wind of death blew him away.

The Bible says he who findeth a wife findeth a good thing. Otunba’s children are happily married to beautiful women namely Kemi, Uche, Banke, and Emma. They are well read and have been strong pillars to their husbands. Also, they have their businesses and are equally doing well in their endeavors.

One can’t talk about their success story without giving kudos to their wives. His first son, Bolaji is an Investor and owns a financial advisory service company, Chapel Hill Denham.

He is happily married to Kemi, a veteran journalist. Bolaji has over 22 years experience in investment banking and has spent 15 years in the First City Group. He is a licensed securities dealer and bagged a Bachelor’s degree in Economic at the University of London in 1989.

Jide is the second child of Otunba. He is an investor and is happily married to Uche, the daugher of Ide, an Asaba Billionaire. Jide managed PRIMROSE development, the family real estate business before he became managing partner of Balogun & Balogun firm. He’s a member of Nigerian bar and bagged an MBA from Durham University.

His third son, Ladi is happily married to Banke. He was the Managing Director and now the General Manager of FCMB GROUP. He met his wife in UK and she works in Shell.

Ladi obtained a bachelor’s degree in Economics from the University of East Anglia and also bagged an MBA from Harvard Business School.

The last child of the family, Gboyega is married to a very intelligent woman, Emma. He is the managing Director of CSL Stockbrokers, a subsidiary of FCMB Group.

His wife was a Human Capital Manager and worked as corporate planner for Brass LNG. She graduated from Royal Holloway University of Lomdon and her husband bagged a bachelor’s degree in Economics and Managment from the University of London.

Dele Momodu Mourns Late Subomi Balogun’s death

Ovation CEO, Dele Momodu shared photos of the property of the business mogul and said he’s one of Nigeria’s wealthiest bankers.

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