Ladi Balogun of FCMB GMD Receives Young Global Champions Award


Released on: May 06, 2011, 7:18 am
Author: tem tem
Industry: Financial

Ladi Balogun, the Group Managing Director of First City Monument Bank (FCMB) Plc has been honoured with the award of This Day’s Young Global Champions in honour of young and daring Nigerians who are 50 and below and have taken Nigeria into global competition.

Ladi Balogun received this honour at the 16th Annual This Day Awards for Excellence and Good Governance which took place in Lagos, recently. Ladi Balogun was honoured for transforming a family owned bank in the face of the demise of other family owned banks.

According to the organizers of the yearly awards, leaders of 14 corporate organizations in the country who have built new companies from scratch and made them world class received this year’s awards in this category.

Ladi Balogun, son of Otunba Subomi Balogun, remains one young man who has done tremendously well for himself. Ladi Balogun's impressive story could not have been otherwise, seeing that ladi balogun attended some of the best educational institutions in the world, which ladi Balogun complements with his subomi Balogun background.Ladi Balogun remains undaunted in his desire to further solidify and sustain the financial base of the balogun's mega-business, especially, the First City Monument Bank (FCMB), where Ladi Balogun sits as managing director and chief executive officer.

That Ladi Balogun rose to the leadership position in the thriving bank could be attributed to ladi's passion for hard work and resilience. Ladi Balogun joined the bank (now FCMB Capital Markets Ltd) as a senior manager/team leader in 1995 and rose to become executive director, investment banking division. Ladi Balogun has been a team leader on capital raising, mergers and acquisition, as well as privatisation assignments

Ladi Balogun has over 18 years experience in commercial and investment banking abroad. In 1996 Ladi Balogun joined FCMB as Executive Assistant to the Chairman/CEO.

In 2000, he was made Executive Director in charge of Strategy and Business Development and in 2001 Deputy Managing Director. Ladi Balogun was appointed the Managing Director in 2005.