Lagos State Governor, Sanwo-Olu mourns FCMB founder, Subomi Balogun

Babajide Sanwo-Olu, the governor of Lagos State, has expressed his sorrow over the passing of Subomi Balogun, the man who founded First City Monument Bank (FCMB).

In a condolence message issued by his Chief Press Secretary, Mr. Gboyega Akosile, on Friday, Governor Sanwo-Olu also commended Balogun’s contribution to the economy of Nigeria as boardroom guru and employer of labour, especially as the founder of FCMB among several other companies.

The Governor also commiserated with Ogun State Governor, Prince Dapo Abiodun; the Awujale of Ijebu Kingdom, Oba Sikiru Adetona and the entire people of Ogun State, especially the indigenes of Ijebu on the demise of their illustrious son and elder statesman.

Governor Sanwo-Olu also sympathised with the Managing Director of FCMB, Mrs. Yemisi Edun and the entire management and Staff of the financial institution.

He said: “On behalf of the Government and people of Lagos State, I want to express my sincere condolences to the family, friends and associates of Otunba Subomi Balogun, as well as management and staff of FCMB.

“I pray that God will grant him eternal rest and grant his immediate family, friends, associates, FCMB team, the banking industry and the people of Ogun State, the fortitude to bear the irreparable loss.”