I don’t know how banking innovations got into my head — Balogun, founder, FCMB - Vanguard News

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I don’t know how banking innovations got into my head — Balogun, founder, FCMB vanguardngr.com vanguardnews

The business icon, who disclosed this in Lagos in an interview, said he was still amazed at his achievements and would remain grateful to God for making him strong and articulate even age 85 plus, adding that, day-after-day, there was a strong conviction that he had a duty to devote the rest of his life to service of God, and always do things that add significant value to humanity.

Speaking on how he became successful , the Olori Omo-oba of Ijebuland, who has reached an altitude in life that is continuously shaping his attitude of gratitude to God, had this to say:“This is what made me, in addition to divine intervention. At a point in time, the government of this country decided to set up indigenization whereby all foreigners would sell their shares to Nigerians, 40 percent, 60 percent or the whole and we required an issuing house to do it at the Stock Exchange.

I had also sell Cocoa cola, Mobile Oil, Now at the time they set up indigenization, there were only three companies. There was Nigerian Acceptance. Also, there was ICON, my former employer. So, I came out with what they call City Securities and people were calling me a one man show but luckily I recruited some bright boys. Some geniuses you know now around.One of them Ladi Balogun is even the group chairman of FCMB. I recruited so many of the young men who later on became chief executives.

 

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