balogun subomi talks about how he became a lawyer

How long was Subomi in the Nigerian bank?

Subomi served for 9 years (between 1966 and 1975) as Principal Counsel and Company Secretary to the Nigerian Industrial Development Bank (NIDB). That was partly how he developed an interest in banking. Subsequently, he received training at the International Bank for Reconstruction and Development (IBRD), also known as the World Bank, and its private sector affiliate, the International Finance Corporation (IFC), both in Washington DC. He went further to learn from leading stockbrokers, investment banks, and merchant banks in London and New York.

Who is Balogun Otunba?

Balogun is a philanthropist and carries out much of his activities through the Otunba Tunwase Foundation. He has built healthcare institutions particularly targeted at children, including the Ijebu-Ode General Hospital, a newly-built and fully-equipped air-conditioned 40-bed Children’s Centre which he donated in 1989. It was named after his mother – Iye Subomi’s Child Care Centre.

Who is Ruth Okwumbu?

and BSc. in Mass Communication from the University of Nigeria, Nsukka, and Delta state university respectively. Prior to her role as analyst at Nairametrics, she had a progressive six year writing career.As a Business Analyst with Narametrics, she focuses on profiles of top business executives, founders, startups and the drama surrounding their successes and challenges. You may contact her via ruth.okwumbu@nairametrics.ng

Who was the first Nigerian bank?

In December 1977, Subomi Balogun set up City Securities Limited, the first institution in Nigeria to ever combine an issuing house and stockbroking business under one name. This was only a first step to establishing the merchant bank which he wanted. From there, he set up the first wholly Nigerian owned merchant bank – First City Merchant Bank Limited.

Who is Michael Balogun?

Chief Michael Olasubomi "Subomi" Balogun is a Nigerian Yoruba banker and philanthropist who founded First City Merchant Bank, a company that later became the FCMB group. Balogun was a long time member of the council of the Nigerian Stock Exchange.

Where was Balogun born?

He was born on the 9th of March, 1934 at Ijebu ode, Ogun state, Nigeria to Muslim parents. Balogun converted to Christianity while in secondary school. He graduated from Igbobi College and studied Law at London School of Economics. Before leaving for Europe, he briefly worked as a teacher.