Otunba Subomi Balogun, the Founder of First City Monument Bank (FCMB) Group, has stated that having thoroughbred professionals around him, as well as making God his priority, enabled him to scale through the Central Bank of Nigeria (CBN) N25 billion recapitalisation policy.
He went on to say that the two factors had a significant impact on his success. He revealed that there were fears that his bank would fail during the recapitalization, but providence intervened.
Balogun, the President of Christian Laities of Ijebu Land, attributed all of his achievements in the banking sector to divine grace and reliance on professionals while speaking at the yearly New Year prayer held at his residence in Ijebu ode.