Adron Homes GMD, Aare Emmanuel-King mourns banking icon, Subomi Balogun

The Group Managing Director and Chief Executive Officer of Adron Homes and Properties, Aare Adetola Emmanuel-King mourns the demise of prominent Ijebu son, an industrialist, consummate banker and the Olori Omoba of Ijebuland, Otunba Subomi Balogun who died in the early hours of today, Friday May 19, 2023 in London, the United Kingdom.

Aare Adetola noted that the shocking death of the founder First City Monument Bank {FCMB} is a colossal loss to Ijebu People, Ogun State and Nigeria at large because his repertoire of knowledge, support and entrepreneurship is needed at this time that the country is transiting to a new government.

“As a private sector guru, successful business mogul and an astute financial czar, his support would have helped place Nigeria on the path of economic recovery and posterity”, Adetola said.

The Otun Onigbagbo of Remo Land further described the deceased as a shining light in the banking sector, whose idea has been a game changer in the banking industry with the astronomic growth of FCMB.

“Otunba Balogun was a well respected man with a large heart, a very generous philanthropist who contributed immensely to the growth of many people in and outside Nigeria.

“He was a  detribalized Nigerian who was concerned about the unity of the country and this, he portrayed with his endearing persona. The vacuum his death has left cannot be filed in a hurry.

“I pray that God almighty console the family of the deceased and give them the fortitude to bear the irreplaceable loss. May his gentle soul rest in perfect peace”, Aare Adetola added.