Olufemi Abiodun ADEDUNTAN

My first loan in life was being from your establishment, so with out your establishment maybe that will not happen to us....,.We will continue to miss you, rest in perfect peace baba


My utmost condolences to the family of the noble founder of FCMB and may the his soul rest in perfect peace, Amen..

Olabisi Orelaja -Abolurin

Farewell to a great banker and a philanthropist. I appreciate the opportunity I enjoyed and the foundation which still keeps me going. It's indeed a life well spent. May God be with the family and the businesses you left behind. Rest in perfect peace Baba!

Bright Obi Echendu/City Profs Educational Foundation (CPEF)

We mourn the exit of a global icon and pillar of strength per excellence- Otunba (Dr.) Michael Olasubomi Balogun, CON. As an Honorary and Distinguished .Member of the CPEF Board of Patrons, the passage to eternal glory of the Olori Omo-Oba Akile Ijebu & The Asiwaju Onigbagbo of Ijebu Christians represent an Irreparable and irreplaceable loss not just to Ijebu Land, Ogun State and Nigeria, but to us who were privileged to associate with his greatness while he lived. An eepitome of love and humanity: We'll surely miss you, Sir! I relish with great nostalgia your ambience, sagacity and generosity when I and partner Oluwole had a rare honour of being in your official audience at your Office Heights at the sprawling First City Plaza, FCMB Corporate HQ in Lagos. You made us friends at that meeting and saved our numbers on your phone. And we were to meet you again, and prayed for Grand Ma, your ailing darling wife, while we came for your kind largesse for the Office at your palatial Olori Omo-Oba Place residence, Ikoyi, Lagos. We take solace that Your Eminence fought a good fight of faith and finished strong at 89. You left indelible legacy on the sands of time. You were at peace with all men and with your maker. May you find peace in Paradise. Amen! Indeed, the titans are going home.


It is with a heavy heart and deep sadness that we bid farewell to Olasubomi Balogun, the founder of First City Monument Bank (FCMB). Balogun was a visionary leader who dedicated his life to building a robust and dynamic financial institution that would empower individuals and businesses in Nigeria and beyond. Born on the 9th of February, 1934 in Ijebu Ode, Ogun State, Balogun had a passion for business from a young age. He received his primary school education at Ijebu Ode Grammar School, before proceeding to Government College, Ibadan and University of London where he studied Law. Balogun started his career as a lawyer before venturing into the banking industry. In 1977, he founded City Securities Limited, which later became First City Merchant Bank. The success of this venture led to the establishment of First City Monument Bank in 1982, which went on to become one of the leading banks in Nigeria. Under Balogun's leadership, FCMB became a trailblazer in the banking industry in Nigeria. The bank's innovative products and services have helped many individuals and businesses achieve their objectives, while also providing employment opportunities for thousands of Nigerians. Balogun was not just a successful banker, he was also a philanthropist who was committed to giving back to society. He established the Otunba Tunwase National Paediatric Centre in Ijebu Ode, which provides healthcare services to children from all over Nigeria. Balogun's contributions to the banking industry and society at large have left an indelible mark on Nigeria. His legacy will continue to inspire generations to come. We mourn his passing and extend our heartfelt condolences to his family, friends, and colleagues, while also thanking him for his immeasurable contributions to the growth and development of Nigeria. Rest in peace, Olasubomi Balogun. Adieu, great man. PASTOR PRAISE TEMPLE ESINNA #Salvationminister Praise Esinna Evangelistic Outreach Int'l L.

Elizabeth Komolafe

A man of many great qualities. Sleep well in the bosom of the Lord

Kareem Akeem

A conssumate banker,.a symbol of entrepreneurship, rest in perfect peace Sir

?z? Okonkwo

To a man whose idea and venture provided me my first corporate employment opportunity at FCMB, Good night the Forebearer. May God through His mercies comfort the immediate family and others that just lost their benefactor

Ugonna Queen Nwankwo

My first cooperate job was with FCMB, all the staffs were nice and great to me even though I was a DSA, but working with FCMB shaped me, and prepared me for the person I am today, it goes to show that your Bank was built on principle and respect to all, you are indeed an icon and a trailblazer, farewell grandpa, rest in peace in the bosom of our Lord.


Your countless deeds of kindness, always giving and never expecting any favors in return. May your gentle soul Rest In Perfect Peace – Till we meet again.

Ogundele Asiyanbola

Farewell Otunba Atunwase Subomi Balogun ,know Philanthropist and great entrepreneur ,, Nigeria at large will miss you and indeed banking industry will miss u ,, Adieu papa

Adetomiwa Julius Adeyemi

But for the vision, tenacity and decipline of a great individual, numerous others like me are given a career, direction and most importantly a family. Your vision gave me and many others a platform to ascend and to progress in our careers. Your legacies are outliving you for sure. Keep resting in the Lord Sir.