Otunba Michael Olasubomi "Subomi" Balogun CON (9 March 1934 – 18 May 2023) was a Nigerian banker and philanthropist who founded First City Merchant Bank, a company that later became the FCMB group. Balogun was a long-time member of the council of the Nigerian Stock Exchange.[1]
Life
Balogun was born on 9 March 1934 at Ijebu-Ode, Ogun State, Nigeria, to Muslim parents.[2] Balogun converted to Christianity while in secondary school. He graduated from Igbobi College[3] and studied law at the London School of Economics. Before leaving for Europe, he briefly worked as a teacher.[3] 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.