Balogun was a banker extraordinary, unparalleled philanthropist, says Amosun


The senator representing Ogun Central Senatorial District, Ibikunle Amosun, has mourned the exit of Otunba Micheal Olasubomi Balogun who died on Friday.

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The immediate past Governor of Ogun State described Balogun as a banker extraordinaire, entrepreneur of no mean order, culture icon, impeccable fashionista, and unparalleled philanthropist.

In a statement he issued to mourn the late business tycoon, Amosun stated that Balogun’s life and times were garlanded and signposted by significant accomplishments, adding that as a commercial lawyer by training, he pioneered the securities sub sector within the financial institutions market when he floated the highly successful City Securities Ltd, the precursor to First City Merchant Bank, which later metamorphosed to First City Monument Bank.

He said “his work and professional career path traversed many other sectors, both in private and public. A hard worker with exceptional nose for business advantages and opportunities, particularly during the Nigerian Enterprises Promotion window, the indigenization era. Otunba Tunwase, Asiwaju Onigbagbo and Olori Omooba of Ijebuland
left indelible footprints and legacies of excellence everywhere he traversed.”

Amosun described the life of Balogun as not just about money making “albeit as God Almighty blessed him with so much and stayed close to his Royal roots, promoted Culture and supported hundreds of good causes, charities and the work of the Gospel within his Ijebu homestead, Nigeria as a whole and even beyond shores of the country.”

The Senator expressed his condolences to Olori Abimbola Balogun, the children, family members, the Awujale of Ijebu Land, the entire Ijebu Royal Court and all those left behind to mourn this great loss.

He prayed for the vibrant soul of Balogun to find eternal rest at the bosom of his Creator.