LADI BALOGUN and wife, Banke Balogun
Ladi Baolgun's rating as an emerging global business leader was confirmed again recently when he was honoured with the prestigious This Day Newspaper's Young Global Champions award. This highly rated award, which is specially reserved for young, daring and enterprising Nigerians under the age of 50, who have taken the presence of Nigeria into the global competition, was recently bestowed on Mr. Ladi Balogun, the young but influential Group Managing Director of First City Monument Bank (FCMB) Plc. 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 prestigious and enviable Otunba Subomi Balogun background. Ladi’s wealthy father appears to have conquered all challenges of life with his wealth, Ladi 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 his 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.
