BusinessFinance and BankingHeadlinesNews FCMB Founder, Otunba Subomi Balogun Dies At 89 By Infotrust - May 19, 2023 Founder of First City Monument Bank (FCMB) Group Subomi Balogun has died at the age of 89. Balogun died in London, United Kingdom on Friday morning, according to sources. The business magnate clocked 89 on March 9.