Sad: Founder Of FCMB Otunba Subomi Balogun Loses Mother Of His First Son Bolaji

Otunba Subomi Balogun.
Nobody makes a lovely corpse hence when Prof. Oluwale Dorcas Osisanya died some weeks ago, it took the man in her son, Bolaji Balogun, CEO of financial advisory services firm, Chapel Hill Denham, to comprehend how such a lovely mother could be reduced to a corpse.

If Bolaji had his way as he is wont to in the banking and finance, he would have bullishly negotiated with death to name its cost, even in dollars or pounds, and spare the life of his mother. Sadly, even the wealth of the wealthy ones offers them no shield against death. As it claims the commoner, so does it claim the affluent. The unconquerable grim reaper defied all measures and claimed the life of his dear mother, Prof. Osisanya. And she has been buried. Bolaji is the older son of boardroom guru and billionaire founder of FCMB, Otunba Subomi Balogun.

However, unbeknownst to many, he does not share the same mother with his more popular brother, Ladi, the Group MD/CEO of First City Monument Bank. Ladi’s mother is Olori Abimbola Adetutu. Understandably devastated, Bolaji has however reconciled with his mother’s death and has takensolace in the mortality of man.

Bolaji left the family-owned FCMB in 2001 at a time when it was transitioning from a traditional merchant bank into a universal commercial bank. A self-starter with keen business insight, Bolaji established Chapel Hill in 2005 and went into a merger with Denham in 2008.

Today, the company is one of Nigeria’s foremost investment banking experts and was pivotal to advising and working with the Central Bank of Nigeria in setting up the Assets Management Company of Nigeria, AMCON.

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