FCMB founder Subomi Balogun dies at 89 Otunba Subomi Balogun, founder of First City Monument Bank (FCMB), has reportedly died. According to Peoples Gazette, Mr Balogun died on Friday morning at the age of 89. READ ALSO: General Oladipo Diya dies at 78 He was an alumnus of Igbobi College in Lagos and studied law at the London School of Economics. Late Subomi practised as a lawyer in the regional justice ministry and then at the federal ministry of justice until the January 1966 military coup. Mr Balogun ventured into banking after the coup and joined...