12 Facts About Fola Adeola

In 2002, Fola Adeola voluntarily retired from Guaranty Trust Bank, after twelve years, handing over to his deputy, Tayo Aderinokun.

Fola Adeola is the chairman of Main One Cable Company Limited which completed the construction of an open access submarine cable system that spanned 14,000 kilometres and provides international and internet connectivity to countries on the Atlantic Coast from Portugal to Lagos in 2010.

Fola Adeola served as Chairman of the National Pension Commission, following the promulgation into law of the Pension Bill, by the National Assembly of Nigeria.

Fola Adeola chaired the Lagos State Disaster Relief Committee which was set up following the 27 January 2002 Lagos armoury explosion.

Fola Adeola was the Vice-Presidential candidate of the Action Congress of Nigeria serving as running mate to former Economic and Financial Crimes Commission chairman Nuhu Ribadu in the 2011 presidential elections.

Fola Adeola was a member of the National Honours and Awards Committee and was appointed a member of the Governing Council of Lagos State University in November 2004.

Fola Adeola served as a member of the Solid Minerals Committee and was the Chairman of Ogun State Development Trust Fund Committee.

Fola Adeola was a council member of Lagos State University and until 17 January 2011 served as a council member Olabisi Onabanjo University.

Fola Adeola served as a member of the Global Advisory Committee on Philanthropy of the World Economic Forum for four years.

Fola Adeola was a Council member, and is Fellow of the Institute of Chartered Accountants of Nigeria; Fellow of the Institute of Directors of Nigeria.

Fola Adeola was nationally decorated as Officer of the Order of the Federal Republic in December 2002 by President Olusegun Obasanjo.

Fola Adeola has an honorary doctorate from Nkumba University, Ntebbe, Uganda.