A philanthropist of repute and founder of First City Monument Bank (FCMB), Otunba Michael Subomi Balogun reportedly died at 89.
FreshPage learnt that Ijebu-Ode chief died in early hours on Friday in London, UK. Although, the details about his death could not be ascertained as at press time.
Until his death, Balogun was Otunba Tunwase of Ijebuland, Olori Omooba of Ijebuland and the Asiwaju of Ijebu Christians.
A Conference Centre at the UI’s Hotels was named after late Otunba Subomi Balogun as a mark of honour for his philanthropic gesture to the University.