Updated: FCMB founder Subomi Balogun dies at 89
Founder of FCMB, Otunba Michael Subomi Balogun, has died at age 89.
A report from PM News said he died in a London hospital on Friday morning.
Balogun celebrated his 89th birthday in March.
An alumnus of Igbobi College, he studied law at the London School of Economics.
The deceased practised as a lawyer in the regional justice ministry and then at the federal ministry of justice until the January 1966 coup.
Balogun ventured into banking and joined the Nigerian Industrial Development Bank (NIDB).
He also ventured into several commerce and economics firms until FCMB was established in 1979.
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