Pioneer of investment banking in Nigeria, and founder of FCMB, Otunba Michael Olasubomi Balogun, is dead.
According to reports, Balogun reportedly died in London Friday morning at the age of 89.
He was Otunba Tunwase of Ijebuland before his death.
As a ranking Ijebu Chief, his death will, however, only be officially announced in line with tradition.