* Buhari, Dapo Abiodun mourn ‘…It is also a monument of a young Nigerian’s determination to succeed and prove that given the opportunity, Nigerians have the capacity to attain a commanding
‘…It is also a monument of a young Nigerian’s determination to succeed and prove that given the opportunity, Nigerians have the capacity to attain a commanding height in the management of financial institutions’Billionaire banker and founder of First City Monument Bank , Otunba Subomi Balogun passed on yesterday morning in a London hospital after an undisclosed illness. He was 89.
Following his graduation in June 1959, he was called to the English Bar in December of the same year. After earning his law degree, Balogun returned to Nigeria to join the Ministry of Justice of the defunct Western Region, and later as an assistant parliamentary counsel in the Federal Ministry of Justice in Lagos.
Otunba Balogun was a constructive philanthropist and a distinguished church leader who devoted a substantial part of his private resources toward the care and service of the less privileged. Otunba Balogun devoted his life post-active banking years to serving God, society and doing things that add significant value to humanity.
He received several awards in his lifetime. He was a recipient of the American Biographical Institute Inc’s Distinguished Leadership Award for outstanding contributions to the development of Investment Banking. The President noted the outpouring of testimonies on the life and times of the legendary banker, especially his towering influence in grooming many talented leaders in the sector, who had since set up their investment platforms, within and outside the country.
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